COMPANY REGISTIiATION NUMBER: 07399902 CHARITY REGISTRATION NUMBER.. 1145583 SEF CYMRU Company Llmited by Guarantee Unaudited Financial Statements 31 October 2025 SAK2020 LTD. Chartered Certrfied Accountants Broadway House Broadway Cardiff CF24 1PU
SEF CYMRU Company Limited by Guarantee Financial Statements Year ended 31 October 2025 Page Trustees. annual report {incorporating the directoffs report} Independent examine15 report to the trustees Slatement of financial activities {induding income and expendilure account) Statement of financial position Notes to the financial statements The followlng pages do not forni part of the financial statements Detailed statement of financial activities 17 Notes to the detailed slatement of financial activities 18
SEF CYMRU Company Limlted by Guarantee Trustees. Annual Report Ilncorporating Ihe Director's Report} Year ended 31 Oclober 2025 The trustees. who are also the directcrfs for the purposes ol c4)mpany law. present their report and the unaudited finawal statements of the charity forth8 year818d 31 October 2025. Reference and administrative detai15 Registered charity narne SEF CYMRU Charlty reglstration number 1145583 Company wglstratlon number 07399902 Prln¢ipal offi¢• and roglst•r•d Grange Pavilion office Grange Gardens Grar10M Cardiff CF11 TLJ UK The trustees Mr A ABDI Mrs S AWAIS Mrs S MALIK Independent examiner SAK2020 Ltd. Chartered Certified Accwntants Broadway House Broadway CaTdrft CF24 1PU
SEF CYMRU Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Iwftlinuod) Year ended 31 October 2025 Objectives activiti85 Our Charitys purSe as set out in Ihe objects contained in the companys memNandum of association are to advance educatw lor ihe put benefil thIgh the provision of educational enrichment and ESOL dasses and seminars. in parb"cular tmjt not exdusNety amongsl the Somali community with a view to.. Overcome educat'onal underachievernent.. ityorking towards the removal of barriers to lrfelong 188ming arKI sklls trainirvJ.' Promoting social inclusion.. and Raising awar8ness olh8ts of ne9atNe influences, which may hinder people from reachirbg their full poiwtral. The cenlre's f(Kus is on t8athing $tuden15 to d8velrp.' EffectlV8 learning methods, Become ind6p8ndent learners. Creative problem sdving abilities BehavK)ural managernenl SlIS Our chall8nge is to provi¢Je a creative and fun leaming environmentwhere siudents can be su¢ce55ful, Iherefore promoting the slvdents, esleern arKJ self-cmfidence. Our Mission Statement.. Education 15 the key lo Suc$$. Strategic r8POrt The followin9 sections for a¢hvements and pellom1an and ffinantial review fc*m the stratEgic report of the tharity. Strategic report The following sectn$ lor 8¢hievemen15 and perfrthlan aThJ financk21 wiew form the strategic report of thè charity.
SEF CYMRU
Company Limited by Guarantee
TTUStees' Annual Report (Incorporating the Directorfs Report) {wntsnued)
Year ended 31 October 2025
Achlevements and performance
Dear Member5,
During the year ending 31 October 2025. SEF Cymru has cm11n to strengthen its position a5 a
trusted community-led organisation. delivering educatonal. commw)ty develtspmeni and partnership
programrnès that have supported thildren. young people ènd families across Cardiff and bEyond.
Despite ongoing financial pressures affecting the vUntary sector, the charity has cLtinUed to secu
new funding, establish Strateg partnerships expand its reach into areas that addsS eduCatnal
iwuality, health inequalities. Climate awar6nè5s and <xJmmunty coheston.
Our work wntinues lo be shaped by Ihe needs ol thè CLYnmunibes we serve. with education, youth
development and improving opwrtuniti.es remainin9 at Ihe heart of ojr activibes.
S¢u(ty clubs and Educational Support
The ¢ontinued growth of our Study Club programme has been C ol the OrganatIon,S greatest
achievernents over the past year. Through fundiru and partnerships with HD& Cardiff YMCA, the
Walerlw FovndatK)n, the Education Endowment Fund and with the GraTrJe Pavil Youth Forum. we
have supported chIldn and young people thUgh structured edLKational sessions, hotnework
supporl. wiyon classes and mentoring.
Our Study Clubs have provided a safe, inclusNe and supportive arr.Ing enwronment. helping children
improve their confidence, attendance an<J academic 8inMent while also supporting parents to
engage positively with their children's educab"on.
Additional support thrtKJgh th2 Commun.'ty Foundation Wales ha5 enablEd us to reduce barriers
preventing families from accessing educat81 opp(tunItieS and enrhnnt actlwt5.
som1 Ralslng Achievement ProgTamme
Support reed through Ihe Shared Prosperity Fund ISPFI has en8ed SEF Cyrnru to continue
delivering targeted interventions aimed al improving educational
SEF CYMRU Company Llmited by Guarantee Trustees. Annual Report Iln¢orporating the Director's Report) {¢ontinu¢d) Year ended 31 O¢tober 2025 Climate Chan9¢ and International Partnershlps Working alongside the National Inlrastru¢ture Commi5sTon for Wak& INICWI Ihrough the scho of International Futures ISOIFI. SEF Cymru has continued to engage communi4l&S tn conversation5 around climate change, 5UStainability and environmental resFK)nsit>ility- In addition, through our VV3les for Africa partnership. we have continued developiro relationship5 belween Wales and Somaliland. promoting lIe[rbational leaming. knowkdge exchange and tommunity-led development initiatives that benefit both countries. Communrty Workshops and Engagement Throughout the year SEF Cymru has delwered a range of workslw)ps and community èngagernent activities in partnership with a cross section of Weh chariti8s and 0rganisa1ns. These sessK)ns have knused on community emFX)werm8nl, equality. education. heallh awaren8s5 and improving aCC8ss lo services for minority ethnic communities. Demand lor our advice. information and swJnp05ti.ryg semce has ntInued to grow. Although r850ur¢es remain litnited, the organisalion has continued to woMde practic guidance to indNiduals and familEs r&]viring support with 8duCAti. employment. housing. benefrts and ae$S to public serv9$. New Funding and 0rgani5ational Growth Th9 organisation was d81ighted to secure signfficant n8w inveStmt during year. including Irom The Global Fund, which enabkd SEF Cyrnru to expand its progiarnrnes and slreThJthen its organi5alifftal Capacity ovèr the last year. This Invesltnenl reftecls the confidence that fvnders and partnets conttnue to pla in Lhe charity and ill enable us lo dèvek>p innovathve proj.ecls U)at fesptsnd diredy lo Ihe needs Identif by our cornrrRJnities.
SEF CYMRU Company Limited by Guarantee Truslees. Annual Report {Incorporating the DireGtor's Report) (rvnliftued) Year ended 31 October 2025 Flnènclal Revlew The Trustges remain c¢)mmitted lo ensuiing Ihe chaiity operates on a finaw811y gjstainablè b8515 whilst continuing lo maximise the impact of every pound re1vd. During the year the Organisati( SUC$sfrj1lY se(xJred funding from a dNerse rawe ol partnars IlUding the Sharecl Prosperily FuThl, Community Foulati Wales. Waterfoo Foundation, Cardiff YMCA. C3SC. Wa$ foT AfriGq, n¢11 Cymru. the S¢lKrfII of International Futures ISOIFI, the National Infrastructure Commission lor Wales INICWI and The Global Fun¢J. The Trustees conlinue to main181n approptiate financ1 controL% and monitor expenditure Ca[ullY to ensure furTdiTrJ is utilised effedivety and in 2C£OTdance charitsbb objectsve5. Plans for Future Periods Over Ihe corning year SEF CrU aims to fwibj upon Ihe signifi¢ant prtyJress made during this reporling perK)d. Our prM)ribes indude". Exp8nding Ihe Study Club programme to support more Chen and young people across Cardiff and surrounding communities. Devetoping Ihe Neurodwersty programme into a longer-term community support service. Continuing delwery of educat. employability and welllRing programmes through future Shared Prosperity Fund and Su$S0r funding opportunit. Strengthening the Himilo Somali Cymru to increase coljaboration between S(xnal1ed organisalions across Wales. Expanding climate thange education and intemalional pthershtp work through Wa]85 for Alra and academi partne. Increasing advice. advocacy and inf0mlat servKes io meet glowing community demand. Developing n8w partnet5hips with sdwols. univets. I1 authoritiE5 and nation81 organisalions to irnprove educational outcomes fu Black, Asian and Minority Ethnic communities. Strengthening the charity's organiSatn81 capa¢rty. governan and volunteer netsvork to ensure long-term suslainability. Id&ntifying and secumg a locabDn to operat8 our charitabye obj8Cttves in Soutr Cardilf. The Trustees remain oplitn1s'c aboLrt the future of SEF Cymru. By ¢tInuing to invest in partnerships. educalitsn and cofflmunity leJership. the charity is wdl p(>Sone to ¢ale lasting positive change and improve opportunities for the Cornmunities il serves. The trustees, annual report and the strategic report We approved on . and 5ign8d Dn behalf Df the board of trustees by.. 2710712026......-.-...... MrA ABDI Trustee
SEF CYMRU Company Limited by Guarantee Independent Examiner's Report to the Trust¢es of SEF CYMRU Year ended 31 October 2025 We rewrt lo the trustees on examination of the ffinancial stalernents ol SEF CYMRU Ilhe chan) for the year ended 31 Ociober 2025. Re5ponslbllities and basls of report The Iru5tees Iwho are also the direclDrs of Sef-CymnJ lor the purpos&s Df company lawl are sponsible for the preparation of the accounts. The trustees consthr that an audit is not required for this year under section 1441210( the Charib'es Act 2011 Iihe 2011 Act) and that an indendent examinaiion is needed. Having satisfied OurSee$ that the company is rt subj-ect to audrl under c(xnpany law and is elyible for independent exarninalDn. is our responsitmlity to.. Examine the accounts under Secti( 145 of the 2011 Ad." to folknw the procedures laid down in Ihe general DirectiDnS given by Ihe Charity commiss)n under secb'on 14515llbl of the 2011 ACL alld to state whether partiwjar matter5 have come lo Jr atteniK)n. IPendent examiners statement- rnatter of coTr¢orn identified Independent examiner We confim Ihat no olher matters have ¢(xne to our attent)n in connection wth our examinalion giving us cause to b81ieve that in any rnater1 iespect.. aw)unling recoids wer8 not kepl in of Ih8 tharty as qUIred by $t)n 386 of the 2006 Act. or the finaftoal statemants do not accord with those rec(ds.' or the financial statements do not Ix)mt* th Ihe a4x(xJntiffJ requiremenis of section 396 of the 2006 Act other than any requirement that the accounls give a'trLE and faiff view which is not a rnatter consKlered as part ol an independent exaffiination,. or Ihe financial statements have Mt been prepa in accorthnce wth U)e methods and prinothes of Ihe Siaternenl of Recotnrnend8d Pracb"ce for accounliro and reporting by charities applicabfe to Charitie5 preparing their accounls in accordancè with Ihe Financial Reporting Standard ap1¢able in the UK and Repu1¢ of Ire18nd IFRS 1021. Wo confirm that there are no oth9r matters to whith your attenlion strKsuld be drawn to enable a proper ljndersta1ln9 of the accounts lo be reached. Indepen ent Exarlliner SAK202O Ltd Chartered Certrfi8J Acwuntants Broadway House Broadway Cardiff CF24 1 PU
SEF CYMRU Company Limited by Guarantee Statement of Financlal Activities (in¢luding income and expenditure account) Y•ar ended 31 October 2025 2025 ReStrted funds Total funds 2024 Unrestricted fuNS Total funds Note Incoma and endowments Donations and legacies Totsl Income 768 174.615 175,383 29,020 174.615 175,383 29.020 Expenditure Expenditu on raisiThJ funds." Costs of raising dorwlions and Jegacies Total expEnditure 1.117 63.197 64.314 43,272 43,272 1.117 63.197 64.314 Net Ineomellexpenditurel and net movement in fund$ {3491 111.418 111,069 114.2521 Reconclliation of funds Total funds brought forward Total funds carried forward 38.318 38,318 52,570 37,969 111.418 149,387 38,318 The slatem6nt of fina.Cial adivrties incFudes all gains and knsses recconised in the year. All income and expenditur8 derNe frcmn continuing 8¢tivities. The notes pages 9 to 151orm part ofth959 financial statements.
SEF CYMRU Company Lirnited by Guaranlee Statement of Financial Position 31 October 2025 202S 2024 No¢¢ Fixed a55ets Tangible fixed assets 3.268 4,0 Current assets Cash al bank and in hand 146.119 34,233 Net ¢urrent assets 146,119 34.233 Total 3s$ets1•5s Cuent Ilabilities 149.387 38.318 Funds ofthe chorlty Restricted funds Utbrestricteij funds 111,418 37.969 38,318 Total chaTlty funds 11 149,387 38,318 Fu the year ending 31 October 2025 ihe thanty was entiued to exemption from audit under section 477 of the COpanieS Act 21)06 ielaling to Srn811 companies. Directors. respon5ibilities.' ThE rnernbers have not required the ¢ompany to obtain an aLKJrt of its finanri81 slatements for the year in questson in accordance Mth $8ction 476.. The 13iredors ad(nowledge theyi iesponstknlities for cornplying wilh the iequirements of the Acl with rèspect to accounbng COrdS and Ihe preparallon of financial ststements. These financial 51atemenis have been prepared in accordan with Ihè provisions applicable to companies Subject 10 the Small ¢(panieS, fegime. These finanoal 51atemenls were approved by the board of trustees and authortsed fr)r issue on 2710712026 . . and are sKJned on behalf of Ihe b)ard by. MrAABDI Trustee The note$ orb pages 9 10 15 tomi part of thesg finan¢lal siatÈments.
SEF CYMRU Company Limited by Guarantee Notes to the Financial Statomgnts Year ended 31 October 2025 Statem•nl of compliance These financkgl slatements have been prepa in [nl8[e FRS 102. 'The Financial Reknng Standard applble in the UK and the RewLlic of Ireland., thè St8ternent of Recommended Practi appli¢able to charities preparing thr acnts in acc)rdance with the Financi81 Reporting Standard applicable in the UK anij Repuwic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and Ihe cpanieS Act 2006. Accounting poll¢les Basis of preparatlon The financi815tatemenfs h8ve been wepaTed on Ihe hist(xi¢al cost basis, as modified by Ihe revaluaiwjn of certain finanryal assets and liabilit$ and inveshent properties measured at fair value throu9h income or expenditure. The Iinanaal statements are prepafed in steng. which lunc1Kal currency ol the entty. Going concem There are no maleriaf unc8rtaiMes aly)ul thè chaiws 8IrtY lo continue. Fund aoUntIng Llnreslricled tunds are aVailae foT use at the dis110 of the trustees to further any of the chsrity's purposes. Desvjnaled lund5 are Utricted funds eawmarked by the trustees for partiujlar luiure project or commitment. Restricted funds are subjected io reslittK)ns on Iheir expwjiture declared by the donor or Ihrough the terms of an appeal, and lall into of two sub-d8sse5= restriL#eil Income fund5 or endowment funds.
SEF CYMRU Company Limited by Guarantee Notes to the Flnancial Stataments (Contin) Year ended 31 October 2025 Accounting policies (¢QnllnuedJ Incomlng reSoue$ All incoming reS0ceS are induded in Ihe slatent of finanLial actilleS when entitjement has passed lo the charty.. it Is p¥obable Ihal lh8 egx)nomic berbefts assctk41ed with the transaction bwll flow 1¢> the charity and the amount Can bè reliably ffleasured. The following specthc poli(x8S are apled to particular Categor of Income". income from donations or grants is recognised when U)ere is evidence of entit18menl to the gift. receipt is probable and its am(¥Jnt ran be measur8d rdiabty. legacy irhcome is recognised when r¥eipt is F¥obable and enb"demenl is established. Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliabty. in which case the value is derNed from the cost lo the donor or the eslitnated resale value. Donated facilities and services are cOgnise0 in the accounts when receNed if the value be ieliaNy measur&J. No amounts ale incJude(I Ic¥ the ¢ontribution of general v(AunteÈrs. income from contract5 for Ihe suppty of se5 is recognised with the ddivèry of tt)e conlracteiy serwce. This is dassified as unrestricted fUJS unless there is a contractual reouirernent for it lo be spent on a particular purpose and tUrned if urtspent. in which case it m8y be garded as restn"cted. Re50ur¢es expended Expenditur8 is recognised on an ac¢al$ basis as a liatj'lity is iKutred. Expendituie includes any VAT which cannot be fully recovered. and is ¢LAssified under hoadings of th8 slatement of financial a1vI.S to which it relates.. 8xpendiluie on raisirvj funds includes the costs of al fundraising 8ctivities. events, non<harilable trading aCtivi"e$. and the Sale Ordatd goods. Expenditure on charitable actiwties indudes all Costs inwrred by a charity in undertaking aclivrtios that lurther its charitable aims for the b8nefrt of its beneficiaries. including Ihose suppcxi costs and costs relakn"Trg lo the goranCe of the charity apportioned to Gharitabl& acliYttlè5. olher expen(Jilure indudes all èxpendilure that i8 netttw reL4ted to lng funds for the charity rK)r part ol its expendiiure on charitablè actmtses. I costs 8re allDcated to experKliture calegores reflecliry the use of the Source. Dire¢l costs aritable tts a sn9le activty are 1¢Xated direcuy to Ihal a¢liwty. Shared costs are apporttoneLI belwe8n tho activities they triLte lo on a aSOnable. jusbfi3ble and ¢onsistent basis. Tangible assets Tanble a51s are initially recorded at cost. subseouenty aled at cost less any a¢¢u.mulaled dep-latIOn and lmpa1rnn{ bsses. Any tangible assets carrieij al revalued mounts are recorded at the fair value at the date of revaluation less any sUbsUenI a¢cumulated depreoation and $ubsequ8nl ac¢umulated ImpawnI I08s. 10
SEF CYMRU Company Limited by Guarantee Notes to Ihe Financlal Statements fcontinuedj Year ended 31 October 2025 Aecountln9 poIiu•s (¢otthwedJ Tangibl• as$et5 An increase in Ihe rryirrfJ amLwnl of an asset as a of a r8valualion, 15 recognised in olh8r recognised gains and losses, unless r( reverses a charge for impaitmenl that has preVSIY bgen recognis8d as expenditu within Ihe statement of finan(ial arthvilies. A decrease in the &qrryi arnounl of an asset as a result of revaluati¢)n, 15 renISed in other recognised gains and losses. except to which il oNsets any prevh)us revdualitin 9ain. in which p2se Ihp loss is shown within othw recognised gains and kxses on the statement of financtal actiVieS. Depreciation Deprecialion is cakulaled so a5 to wrile off the cost or valualion of an asseL less ils residual value, over the useful erjr¢ lrfe of thal asset as folk)ws'. IMpaient of fixed assets A review for indKators of impairment is carrwl out al eath repon9 date. wth the cOVerable amount being estr"maled where such indrators exisL Where the carrying value exceeds the recoverable amount, the asset is irnpaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For th8 purposes of impairment testing. when it 15 not PQ55ible to estimate the recovernble arnounl of an individual asset. an estimate is made of the re¢Dverable amount of the cash-genÈrabng unit to which the asset kng5. The caslFgeneraling unil is the smallest idenlifiablè group Df asset5 thal incJTkn the asset and gerateS cash inflows that largely independent tsf the cash inflow5 fr<xn otrr assets or 9r(xJp5 ofa5sets. For impairrnent testing of gOO¢tsill, the gcwjdwll acqui in a busy$$ combin8lion is. fvotn the acqui5rtion date. allotsted to each ol the casfp9Enerating units that are expected to benefjl from th8 synergies of the combinab"on. irrespECtive of whether olher assels or liabilities of the charity a assvJn¢d to those units. Finawtcial instruments A finanaal asset or a finanoal liability is recognised when Ihe tharily becomes a party to the contractual provisions of the instrunnl. 8831¢ finan(ial instruments ar8 initialty recognised at the arnounl rl¥able or payable induding 3ny related transadion costs. Current assets and cur1 lbIlItIeS a subsequenuy rrEaSu at the cash or other consideration expected to be paid OT r8ceived and not dis¢ounted. Oebl $trumentS are subsequenuy measured at amortssed cosL Where investments in sharo5 are pubfrcty tr&Jed or Iheir fair value can otherwise be rn8asur8d relNqbly, the investment is subseouenity rneasured at fair value changes in fair valu8 recognised in income and expenditure. Ml other such investments 5ubseouently me8sured at cost less impairmenL 11
SEF CYMRU Company Limited by Guaranlee Notes to the Financial Statements (ron&nuedJ Year ended 31 October 2025 A¢¢ounting policies ietrrtinu•d) Flnanclal Instruments (Mnfijwe Other ffnancial instwments, including derivatives, are inibally recogThsed at fair value, unles$ payment lor an as5el is deferred beyond nwm81 sinesS lerTh5 or financed at a rate ol Intest that not a market rate, in which case Ihe asset rneasured at the presellt value of the future payr15 di5counied at a market rate of interest for3 Sitnilar debt ItnImenI. oth8r financial instruments ar& subsequenuy measured al lair value, wilh any ¢hanges recognised in Ihe statement of financial aclivibes. with Ihe eX¢ept ol hedging instruments in a designat hédging relationship. Finanal assets that are measured at or amoitised cost ale reviewed for objective eviden¢8 of impairrnent at the end of each rwbng date. If the is ob'"ective eviden of irwirmenL an irnpairrn8nt loss is recognsed undgr the apwopriate headiTrJ In thÈ statement of financ1 aclivilies in which the inilkAI gain was recognis8d_ Foi all equty instruments regardless of SnIfICan. arKI Lither financial assets that are individualty significanL these are asses*J indivKlualty fw impairment. Other financial assets arè either assessed individually or grouped on the ba515 of similar r1¢ risk Characteristics. Any reversals of irnpairment are recogntsed imrnedialety, to Ihe extent that the reversal doe5 not result in a carrying amount of Ihe finanual asset that excee(Is whai the carrying amDunt would have been had inwaitvnent not previovsly been recogni5ed. Dafined Conlribution plans Contribub'on5 to defined contribut pla are rec4)gnised as an expense in the period in Wh the rdated service is provided. Prepaid ¢tribUtionS are recognised as an asset to the exlent that the prepayment Mrill lead to a reduction in future payments a Ea5h refund. When eonlributiMs are not expected io be seltkd ¥in 12 rnonths ol the end of Ihe rèporbng date in which wrployees render the relalcd ser¥e, the Ik)bility 13 measured on a discounted present value basis. The unwindirYJ of the disrxjunl is retOgnisEd as an expense in the perio¥J in which it 3ri8es. Limited by guarante Donations and lega¢ie5 Unreslrbcte FlS Restricled Total Funds Funds 2025 Donation8 Donations Other Gr8nts The wate.dots Foundation 768 164,815 10,000 164,615 10.000 768 174,615 175,383 12
SEF CYMRU Company Limtted by Guarantee Noles to the Financial Statements Year ended 31 October 2025 Donations and lega¢les (con¥nts untted Restricted Total Funds Funds Funds 2024 Donations Donations Other Grants Th8 Watertoo Foundation 29.020 29.020 29.020 29.020 Costs of raising donations and le9a¢l&s UnrestTrcted FdS Reslrided Total Funds Funds 2025 Costs of raising iJonatk)ns and legarAes- Olher type 1.117 63,197 64,314 untrIcte Funds Restrlcted Total Funds Funds 2024 Costs of raising donatK)ns and le9aoes- OtheT type 43272 43.272 Net incomellexpenditure) NEt incomellexpendilurel k% ststed after Chargin(CreditIrl= 2025 2024 Depreclalion of iangitAe fixed assets 817 1.021 Staff ¢o$ts The lolal staff costs and employee benefits for the reporting periDd are analysed as folkjws.. 2025 2024 Employer contributions tr) pension plans 720 The average head ¢t of 8mpbyees ¢Juring the year was Nil12024-. Nrf). No employee r8C8wed employee benefits of more Ihan £60,000 during the year12024.. Nil). Trust&e remuneratlon and expenses No trustee or other rsOn related to the charity hail any personal interest in any contract or tiansactk)n entered into by the ¢harily during Ihe year. 13
SEF CYMRU Company Limited by Guarantee Notes to the Financial Statements Year ended 31 October 2025 Tan9ible flx•d assets Equiprnent Cost At 1 Novernber 2024 and 31 O¢tober 2025 10,560 Depreciation At 1 Novewnber 2024 Charge the year At 31 O¢tober 2025 8,475 817 7.292 Carrying amount At 31 October 2025 3,268 At 31 octo 2024 4,085 10. P*n$lon$ and other post rel1ment bonefrts Defirtod ¢ontribution plan5 The arnount recognisetl in income or expenditu as an expense in relaliDn to defined contribution plan5 was £Nil12024'. tI7201}. 11. Analy$l$ of Charltable funds Unrestricted funds At 1 November 2024 At 31 October 2 025 Income Expenditure General funds 38.318 37,969 At 31 Octobei 2 024 1 November 2023 InCe Expenditu General funds 52,570 29.020 143,2721 38.318 14
SEF CYMRU Company Limited by Guarantee Notes to the Financlal Ststements f¢onfrnwdJ Year ended 31 October 2025 11. Analysis of charltabk fund5 fconknug Restrlcted funils At 31 Octobor 2 025 1 Novembei 2024 Inco Expendilure Reshcted Fund 1 - desc in alcs 174.615 183.1971 111,418 Al 1 Novetnbèr At 31 October 2 024 2023 Incorne Expendituro Restiicted Fund 1- desc in al¢s 15
SEF CYMRU Company Limited by Guarantee Management Infomiation Year ended 31 October 2025 The followlng pagès do not fomi part of the financlal statements. 18
SEF CYMRU Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 October 2025 2025 2024 Income and endowments Donations and legacies Donations Other Grants The Watertoo Foundalion 768 164,615 10,000 29.020 175,383 29,020 Total Ineome 175.383 29.020 Expenditure Costs of raislng donatlons and legacie$ Vclunteer expense Adversernent Community Organisab"on Expenses Events Study Club Travel & Subsistence IT & Web Cost Telephon2 Depreciation Account2ncy tee5 servIs Charge Repair & renewals Mc>tor expenses Sub contra¢tois Legal & profesSnal fees Sundry 17201 2.700 1.368 8,020 5.882 672 399 1.020 817 1.164 7.581 24.453 5.125 1,021 350 414 9,706 945 26.779 3.029 2.263 1,179 2LK) 450 383 64.314 43,272 Total expenditure 64.314 43,272 Net incomellexpenditurel 111.069 114.2521 17
SEF CYMRU Company Limlted by Guarantee Notas to the Detailed Slatement of Financial Activities Year ended 31 O¢lober 2025 202S 2024 Costs of raising donations and legacies Costs of raising donation$ and 1ogacies- Othertype 1 Volunteer expense Advetti5emenl Community Organi53tion ExnSeS Events s¢Y Club Travel & Subsisten¢e IT & Web Cost Telephone Depreciatitsn Accountancy fees Servi5 Charge Repair & renewals Motor expanses Sub contraclors Legal & professional fees Sundry 17201 12.7001 {7.3681 18.0201 15,8821 16721 13991 11.0201 {8171 13001 14141 19,7061 19451 126.7791 13.0291 12.263) 164,3141 11,1641 17.5811 124,4531 15,1251 16461 11,0211 13501 11,1791 12001 14501 13831 (43.2721 Costs of ral$ing donations and legacles 64.314 43.272 18