REGISTERED COMPANY NUMBER: 081K85673 {EnglaDd And W4les) REGISTERED CHARrtY r4UMBER: 1148502 M(in CF G) REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCL4L STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR CYMuf4EDAU'N YMLAELY MO]Y COMMUNITIES FORWARD uJilliomsdentofj)
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD COIYTENTS OF THE CONSOLIDATED FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 MARCH 21125 Page R¢p(tyrt of the Trustees Report of the IndepeDdeTrt Auditors 8 to 11 StatemeDt ofconsolldated Fln•nci41 Artivities 12 Consolldated Balan¢¢ Sheet 13 Cb4ritxble CompaDy B4l#oee Sheet 14 Consolldated Cash Flow Statement 15 IYot¢$ to the Congolidatsd Chsh Flow Statement 16 Notes to the Con$olldted Flnncl*l Stst¢ments 17 to 35
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD REPORT OF THE TRUSTEES FOR THE YEAR ENDED JI MARCH 21125 Tbe tru$t¢¢s who are also dirtOrS of the chariry for the purpo8Cs of the Companies Act 2006, pr¢scnt thcir report with the finawial statements of the eharity for the year ended 31 March 2025. The tNstee$ have adopted the provisions of AOuntIng and Rwrting by Charlties: Statern¢nt of Re¢omm¢nd¢d Practice applicable to chariti¢s preparing their accounts in cOrdanCe with the Finaneial Reporting Standard applicabl¢ in the UK and Republic of Ircland (FRS 102) {efftIVc l January 2019}. OBJEcfivES AND ACTIvrfiES Objectives and alms Mi$510D StAtement To becojne tb¢ go ¢0 organisation sUPPOrtiDg the people and businesses of Anglesey to reach their full economic potential. Objectives and Aims Based withill the local ¢ommuDity w¢ aim to alleviate the effects of w)vcrty by supporting p¢ople to improve th¢ir skills attd h¢lp them on their journey back into employmenL ¢dUti¢)ll or tr85Ding. The company's aims and objtIveS are set out in the Memorandum and Arti¢1¢5 as follows.. To support the most disadvantaged peopl¢ ID the most deprived areas of Anglescy with the aim of Contributing to allcviating pcrsisteni pov¢rty, fo¢u5s¢d on community supported actions, working alongside other programmes to narrow thc educatio Skills, economic and health gaps between th¢ most depriv¢d and more afflu¢nt areas. Slgnificant actlsrytie5 Continuing to d¢liver employment SUPPOT( wotrk wpport & training following key them¢$ 45 pcr ndIng requirements 8nd Secwing additional fvnding streams to support d¢liv¢ry. Publfic benefit Our main activiti¢s and whom w¢ try to help are dcscribed below. All our charitsble activities focus oll h¢lping local pcople of all #ges to improv¢ their skills 2nd lifc chancu and to work with them to become work r¢ady, Sup}rtIng th¢m to obtain ¢mployment. The trustees have paid due regaTd to tbe Charity Commission's guidance on public benefit in deciding tbe adiviiies undertak¢n during the y¢ar. The trust are satisfied that the inforniation provid¢d in ihe report and accounts rnts the public benefit reporting requireEn¢nts. VoluDteers The trustees of the charity ar¢ all llld volunteers. The charity heavily reltes on the support of the trustees for thc strate8ic gtsidanc¢ for th¢ nmning and dwrtiion the charity takes with its objcctive8. Pagc I
CYMUNEDAU'N YMLAEI¥ MON COMMUNITIES FORWARD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Cb¥4ritable aetivities- How our aetivities deliver public benefrt Communltles for Work FI9 Communities for Work plus is a Welsh Government fjjnded employment support programme which supwrts individuals and families living within An8lesey. who nccd support to rcturn to WOTk. employment or training or thosc in work who are undcremployed. During the18St financial year. the Communities for Work plus programme has supported a kntsl of 193 people into employment of over 16 hours or moTe, 89 people a¢hi¢v¢d qualifications. and È totsl of 387 participants were ertgaged on the project. Serco Restart The R¢start S¢b¢m¢ is k mandatory prograrnTne aimed at supporting elaimatits in the Intensive Work Search regime to overcorno barri5 to work and to find employment. 154 people were supported on Restart. 78 entered employmenL and 68 gaÉn¢d a qualification. Shared Prosperlty Fund The UK Shared Prosperity Fwid (UKSPF) is a UK government program thai aijm to Support local inv¢Mment alld improve life chances across the UK. The fuThd is a key part of the UK government's L¢v¢lling Up 4g¢nda. Out¢omes for the project in¢lude'. SPF Employment Support- Mon Ymlaen 2 151 Economically Inactiv¢ people engaged, 74 of those rnoving into employment, 47 gaining a quxlifi¢ation 114 Long T¢rni Un¢mploy¢d ¢Dgaged. 42 gainLDg employment, 55 gaining a qualification 190 employ¢d p¢¢)pl¢ engage4 139 with improved labour market sithations. 105 gaining a qualification 53 people Eaining a li¢¢nc¢ {SIA, Lantra & CSCS) . SPF Businus Support- Cefnogi Busittess 2 252 5rnall business ¢ng4g¢d, 22 people knking part in paid work placements, 105 people wanting io mov¢ into self employment suppon¢d, 148 small grant distributed io small businesses, 34 new set up businesses SUPrted, 37 jobs created, and 46 new social platfonns and websites crepdied. Multiply (Jan 24- Lllareb 24) A prtsgra thai aims to impTOVC Dum¢racy skills in adults aged 19 and over. Numeracy is the ability to use atkl und¢rst8nd math in daily life, at work. aThl at home. 181 people engaged, 173 gaining A qualifi¢ktiotL 173 gaining up to level 2 Essential Skills in Maths Trthining Th¢ training centrc delivers a wide rdnge of COUTS¢$ and has b¢¢n going tbrougb SIlfICant changes and dev¢lopm¢nt during this year. 155 courses were d¢liver¢d, 1236 people attended trailling These included Health & Saf¢ty, Manual Handlitig, Fire Safety Awareness, Mental H¢31th FiTSt Aid, P2ediatrAe First Aid, EFAW. The centre is r¢gist¢Ted with alld approved as a centre for Qua15afe Awards, LANTRA, Agored Cymrn and IOSH. Page 2
CYMUNEDAU'N YMLAEN MON COMMUNrnES FORWARD REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31 MARCH 21125 FSnanclal position Dwing the year boib the R¢stri¢ted and UtJrestri¢ted Funds bav¢ in¢rcas¢d. The restricted clement has decreased from £2,042.797 in March 24 to £1.919,436 in Mah 2025. The Unrestrict¢d R¢s¢rves have increased from £843,497 ill March 24 to £1,072,641 in March 2025. Prilleipal funding wurces Th¢ prin¢ipal funding sources for the company were by way of grants from the Welsh Govemm¢n¢ UK Government and contracts from S¢r¢o RestsrL Contlnuatlon of funding The Welsh Government Funditig CtW+ will continue to March 26 Subject to an annual application to WG this represents th¢ wr¢ of Mon CF. Shared Prosp¢Tity Funding will eontitiu¢ until March 2026 Sffco Restart has also b¢en ¢xtended to June 2027 with a potential extensioll of a fitrthcr 12 montbs. Investment ptsli¢y and objectlves FaS received and not required for current eXPdIture are deposited in a rent bank KCOUnL Reserves ptsli¢y The Trnstccs have examitied th¢ charity's requirements for res¢rY¢s in ligbt of the main Tisks to the organisation. It has establishcd a policy whereby the Unrestricted funds not wmmitted or invested in f¢d a55ets held by the ¢harity should bc between 3 and 6 rnonths of other eXpendIne. Th¢ present level of th¢ g¢n¢r&l fund meets this crit¢ria. The charitable comp3ny's ability to conlinue to provide cUent 5ervic¢s 1$ largely dependent on lldIng from Welsh d National government and various agencies. If less filling is available, the Trustees will need to eurtail adiv?ti¢s in order to r¢rnain within budget. This would in¢Yttably impact on th¢ $¢rvice providcd to th¢ public. FUTURE PLANS The charity plaDS to ¢oiitinue with the activiti¢s outlined above in the forthcoming years subject to satisfactory fimding aTTangemertts. STRUCTURE, GOVERNANCE AND MANAGEMENT Gtyv¢rniDg documettt The organisation is a charitable ¢ompany limited by guayanttt and gov¢rned by its Memorandum of Association dated 28 May 2012 2nd &mended on 8 March 2019. It was registcred with th¢ Charity Commission on 09 August 2012. In the event of th¢ wmpany being wound up members are required to ¢ontribute an alnount not ¢xc¢¢ding £10. Pagc 3
CYMUNEDAU'N YMLAEN MON commuNIEs FORWARD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21125 STRUCTURE, COVERNANCE AND MANAGEMENT Reeruitmtrtt and xpptsintment of neTV trste¢S C)rynwi¢dau'n Yrnlaen Mon Communities Forward is made up from the communitylstatutory al businesslvoluntary sector representatives The proccss of appointing tN5tee51directors has been set out in the Memorandutn and Articles and is as follows: The charity may by ordinary resolution appoint a person who is willing to a¢t to b¢ twstc¢ldirtor and d¢t¢rniine th¢ rolation in which any additional ttusteesldirectors are to retire. No persoD other a ITUSteeldirectOT retiring by rotation may be appointed & ttee1dlr¢et0r at ally gcneral meeting unless he OT She is recommended foT reknelection by the tNstcesldireciors. or not less than fourteen nor more tha thirty-fiv¢ ¢l¢ar days before thc datc of the meeting, the charity is given & nolice that is signed by a member entitled to vot¢ 4t ihc m¢dÉng, statcs th¢ m¢mbw's intention to propose the appointr)ent of a peTson as a trnse/director, contains th¢ d¢lails thaL if th¢ pcrson w¢r¢ to b¢ appointcd, thc charity would buve to file at Companie5 House, and is si)ed by th¢ person who is to be priy>8cd to show his or her willingness to be appotnted. All members who are entitled to receive notice of a general meeting must be given not less than seven nor more than twenty eight days clear notiee of ally resolution to be put to the m¢¢ting to appoint & dir¢et(>r oth¢T tball & dir¢¢tor who is to retire by rotation. The truSteedi1Cctots may appoint a person wbo is willing to aot to be a trustecldirector. A trusteeldirecior appointed by a resolution of th¢ other tN$t¢¢sldire¢tors must r¢¢ir¢ 4t th¢ next annual gell¢ral meeting and must not b¢ ¢aken into account in detern]ining the tSt¢¢directs)rs which aT¢ to Tetire by rotation. The appointment of a dir¢cts>r. wh¢th¢r by th¢ tharity in 8¢n¢rdl m¢¢¢in8 or by th¢ oth¢r dir¢ctors, rnust not Cau th number of directors to exceed any number fixed &5 the n)aximum numb¢r of alrtOrs. A ttwieeldii¢ctor MU be a natural P¢fSOD ag¢d 16 y¢ars or old¢r. No on¢ JDay k appointrd a truste¢ldirector if h¢ or she would b¢ disqualified from acting the provisions of article 39. The llumber of truSteedirec1OrS ghall be a minimum of 5 but {wiless otherwise detern)ined by ordinary r¢wlution) and shall b¢ $ubj¢ot to a maxitnum of 9. The first trusteesldire¢tors shall be those persons notified to Compani¢$ Hou$¢ as th¢ fst trustKsldirertors of the charity. A trusteeldirector may not appoint an olternat¢ tTh$te¢ldire¢tor or anyone to a¢t on his or her behalf at mectings of the tNsteesldiiectors. Orgni8ation*l structure The Cymunedau'n Ymlaen Mon Communitie5 Fonyard has a Board of Directors rrrnstees of at leost 5 mcmbcrs who meet a minirnrn of four times a year gmd are resp)nsible for the strategic direction and policy of the charitsble company. The Chief Executive Officcr also sits on thc Board but has no voting rights. The Senior Management team are responsible foT the day-to-day operational rnanag¢m¢nt includitig individual supeNision of the staff team and also for cnsuring that the team continue to develop their skills and working practi5 in line wilh g(d practicc. The Senior Managemenl team 15 responsible for ensuring thc dcliv¢ry of th¢ $¢rvic¢s sp¢cifi¢d and that key perforniwjce indicators are met. Th¢ S¢nior Manag¢M¢nt team are line managed by Chief Executive Officer. Page 4
CYMUNEDAU'N YMLAEN MOTr4 COMMUNITIES FORWARD REPORT OF THE TRUSTEES FOR THE YEAR Ef4DED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Induetlon and training of Dew trustees Exisiing lntstees are alr¢ady familiar with the practical WOTk of the Charity having been memb¢rs of the ¢haTity and attended m05t meetings. All new trust¢¢s are offered relevattt and sp¢¢ific tr&ining. Additionally. D¢W trnStees are invited attd encouraged to attend tralning sessions to familiarise thems¢lv¢s with the ¢harAty and th¢ context within which it op¢rates. Trustees should look to develop arrang¢m¢nts which enable peopl¢ from all sections of the eommunity to Ix activcly iDvolved in the sel¢ctioll #nd r¢gular renewal of their mcmbership. TnTStees sbould also help to prepare. with th¢ assistance if necd be of ext¢mal wpport organisations (e.g. the Local Authority. the Couuty VoluDtary Council) a eonstitutlQD and rules of conduet for consideration and approval by the charity. Truslees should provide support to local ¢on)mwiity organisationslgroups to enable them to join the Charity and cotJtribut¢ to its work. Key maDag¢DJent rtmuner#tiD The remuncration of paid stsff is set by referenc¢ to nonns in the voluntary s¢¢¢0r. RelAttd partits Due to the natUTC of the charity5 0p¢rations and the composition of th¢ board of t$1¢¢$ it is inevitable that transactions will take place with organisations in whtch a.memb¢r may have an interesL All transactions involving orgknisation5 in which a tnjstee may hav¢ an interest are conducted at ami's length. Th¢ ChDrity has a poliey thkt all trustees must d¢clare an illterest if a r¢lated party transaction o¢wrs. Detsils of any related party transactiotts, ittcluding trustee remuneratioo, b¢n¢fils and expenses are dis¢los¢d in thG otes to the ac¢ounts. The Thariiabl¢ Company has a wholly owned trading subsiditiry'ynys Trading Ltd". Rtsk management A scheme of del¢gation is in place and day to day reSpoS]ll1ty for the PTovision of th¢ SeI¢¢S rest with the Chi¢f Executive Offi¢¢r and Management Team. The Chief ExectiVe Offi¢er is responsible for ¢nsuring ihat the Charity delivers tbe Krvic¢s specificd and thai key p¢rforniallec indicators are met. Th¢ Chief Executive Offie¢r has Te5ponsibility for the day to day Operation management of the Charity, individual supervision of the staff t¢am and also ensuring that th¢ t¢am ¢ontillue to develop tk¢ir skills and working pra¢tic¢s in line with good piactice. Tbe Senior Management Team has Conducted a review of the companys policies. Wher¢ appropriate. systems and PTocedures haye b¢¢n tabliShed tr> manage the company's finances. Signifi¢ant cxternal risks to funding will lead to the developn)ent Of a Strdtegic plan wbich will allow for tbe div¢rsifi¢ation of fimding and a¢tivitlf5. Internal control risks are min1rni by the irnplemelltation of pwedures for authorising of all transaetions and PTOj¢¢ts. In ordcr to further ensure that the risk fac¢d by th¢ Charity on new projects are minimised ihe company has adopt¢d a new procedu of Assumptions Bas¢d Risk Assessment in which the Senior Management Tcam and Project Leads carry out a risk ass¢ssrnenr on the propos¢d project througb th¢ assumptions made in relation to ihe project and cnsuring the risk of the assumptions not being m¢t are reduced through implementing ¢ontro All applications for fU1£ial resources wh¢re it is proposed that there is all impact on the stsffing stru¢lure, assets or fhttancial resourees of th¢ ChaTity are tak¢n ts> the Executiv¢ Committee for approval PTior to submi88ion. Thc tru$te¢s have a duty to id¢ntify and review th¢ risks to wbich the charity is ¢xpos¢d and io ensur¢ appropriat¢ controls are in place to provide r¢asonable assurance against fraud and ¢rror. Pag¢ 5
CYMUNEDAU'N YTrILAEN MON COMMUNITIES FORWARD REPORT OF THE TRUSTEES FOR THE YEAR ETrIDED 31 MARCH 2(125 REFERENCE AND ADMINISTRATIVE DETAILS Re8iSttred Company number 08085673 (England and Wales) Registered Charlty number 1148502 Registered office 63 Market Street Holyh¢ad Ynys Mon LL65 ILfN Tru$te¢S Mrs A K¢nnedy Mrs S F Williams Dr W H Roberts Mr R Jones Mr I A Hughes Mr C A Watktnson Ms M S Owen (appointed 3010112023) Mr A E Beechy {appointed 1310812025) Comp4Dy Secretary Ms S L Jones (appointed 2910712025) Audltors Williams Denton Cyf Chartered Certified Accountants Statut¢)ry Auditors Glulyn Ffordd y PaT¢ Pa M¢nai Bangor Gwynedd LL57 4FE Soli£itors T R Evan5 Hugh¢s & Co 6 Victoria Charnbers Holyhead LL65 IUR Key Management Personnel Rita Lyo Alun Roberts Colin Lyon C&%sandrd Joll¢s Rhys Roberts & Ra¢h¢l King Mwus G¢urti¢DS ief Executive Off&¢er Bustsness Development Malvager Development l HR Manager Finan¢¢ Manager D¢liv¢ry Manager SHEQ Manag¢r Page 6
CYMUNEDAU'f4 YMLAEN MON COMMtJNffIES FORWARD REPORT OF THE TRUSTEES FOR THE ITAR ENDED 31 MARCH 21125 STATEMENT OF TRUSTEES, REspof4siBILITIES The tru5t¢es (who are also tbe directors of Cymunedaukn Yrnla¢n Mon Communities Forward for the Purposes of cornpany law) are responsible for pr¢paring the Report of th¢ TruStC and the financial siat¢ments in accoTdance with applicable law arjd United Kmgdom A¢¢ountiDg Stajmlards (Unit¢d Kingdom Generally A¢¢¢pted Accounting Practice) including Financial Reporting Standard 102 'The FiJMncial Rwrting Standard 8pplic4blc in the UK and Republi¢ of Ireland.. Company l#w requires the tnte¢S to prq>aTe financial statements for each financial yeaT. Undcr that law, the trustecs have el¢ct¢d to prepare the financial statcments in attoTdancc with Unitcd Kingdom G¢ncrally Accepted A¢wuDting Pra¢tic¢ Iunited Kingdom A¢counling Standards And applicable law). Under company law the trustt¢S must not approve the fancial ststemcnts unless they ore satisfied that they give a tr and fair view of the state of affairs of the charitable company 8nd of thc ineoming resources and application of resources, including tbe income and exp¢ndittw¢, of the ¢Iltable company for thai period. In pr¢paring those financial stat¢m¢nts, the tr1¢¢5 ar¢ required to sel¢ct suitable accountiJ)g policies and tben apply them consist¢ntly- obsuwe th¢ methods and principles in the Charities SORP- make judgcments and cstimates that ar¢ T¢asoDable and ptud¢n¢- prepare the finan¢ial statement5 on th¢ going Concern basis wd¢ss it is inappropri¢ to presume that th¢ ¢h¥rit4bl¢ company will ¢ontinue in businrss. The trustces are Te$pot)sible for keeping proper accounting re¢ords whicb dtsclose with reasonable acctsra¢y at any time the financial position of the cbaritable conwany and to enable th¢m to ensure that the fmancial sthtrments comply with Ihe Companics Act 2006. They ar¢ also r¢sponsible for safeguarding the assets Of the chaTitsble company and hence for taking reasonAbl¢ st¢p& for thc prtvctttxott and detection of fraud and other itre8ularities. In 80 far as the ttust¢¢s are 4ware'. there is no relevani audit inforniation of whieh the charitsble eompaTLy'S auditors are UDawar¢' and th¢ Irustees have tak¢n all stS that they ought to have taken to make the]ns¢lv¢s aware of any r¢l¢vant audit inforn)ation attd to cstablish that the auditors are aware of that inforn)ation. AUDITOIL8 The auditors, Williams D¢nton Cyf, will be proposed for re-appointment at the forthcoming Annual General M¢¢ting. Approved by order of the board of trnstees ott ............... and signed on its behalf by.. Mrs A KeDneOy- Ttus Page 7
REPORT OF THE INDEPENDENT AUDoRs TO THE MEMBERS OF CYMUNEDAU'N YML4EN MOIY COMMVNITIES FORWARD OplDlon We have audited the fthancial statements of Cymuttedau'D Ymla¢n Mon Communities Forward (the knnt cbaritable company) and its subsidiary (the gtoup) for the year ended 31 MaT¢h 2023 which ¢omprise the Statement of Consolidated Financial Activities. the Collsolidated Balance Sh¢¢t, the Charitabl¢ Company Balance SheeL the Consolidated Cash Flow Statement aDd notes to th¢ ¢onsolidat¢d [anCIal stat¢rn¢nts, including a summary of significant COUnting policies. Th¢ fancial reporting fram¢work that has been applied in their preparation is applicable law and Utiited Kingdoryj Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice), ittclud1g FiDBn¢ial Reporting StsDdard 102 Th¢ FiD&n¢ial Rwrtin8 Standard applicable in the UK and Republic of Ireland,. In our opinion the financxal statements.. give 8 trne and fair view of the state of the group and parcnt cbaTitable company's affairs as at 31 Marcb 2025 and of its incoming resources and application of resourc¢s, including its in¢om¢ and exp¢nditwe, for the year then ended,. hav¢ b¢ pr(Trp¢rly prepar¢d in a¢cordanc¢ with Unitcd Kingdom Generally Accepted Accounting Practice. in¢luding Financial Reporting Standard 102 'Th¢ Financial R¢porting Standard applicable in the UK and Republic of Irelattd,; and haye bKn praT in aw)rdan¢e with th¢ requir¢m¢nts of the Componic5 Act 2(106. BASIS for •pittion We conducted our audit in aceordanee with Iternational Sthndards on Auditing (UK) {JSAs IUK)) and applie8ble law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the fir)Ci¥ll statcments scetion of our rq)orL Wc arc indcpcndcnt of thc group and parcnt charitablc comp8ny in accordance with th¢ ethical rwuirements that are relevant to our audit of tbe f]nancial stat¢mtDts in the UK. including the FRC'S Ethical Standdrd. and we have thlfilled our other ethical responsibilities in accordance with thes¢ requirun¢nts. W¢ lieve that th¢ audit ¢vid¢n¢¢ w¢ h8v¢ obtaiti¢d is sufficit and appropriat¢ to piovid¢ ts basis for our opinion. Concluslons relatlThg to golDg concer In auditing the fmancial stat£m¢nts, we have conclud¢d that th¢ ITUSte¢s' us¢ of the going wn¢¢rn bosis of aountIng in the preparation of the fu¢181 statements 15 OPPTopriate. Based on the work we have perforn)ed, we have not identified ony material uncertainties relating to events or conditions that, individually or coll¢¢tively, may ¢asl signifi¢ant doubt on the group or parent charitable company's ability to continue as a going ¢on¢ern for a period of at least twelve months from when the financial statements are authorised fo issue. Our responsibilities and the responsibilities of ihe ITuslees with Tespect lo going Concern are described in the levant sections of this report. Other itsformatioft The truste¢s are responsible for the other infornlation. The other inforn)ation comprises the inforniation in¢lud¢d ID th¢ Am)ual Report, other than the fmancial statements and OUT Report of th¢ Ind¢pcnd¢nt Auditors th¢r¢on. Our opinion on th¢ fujavial statements does not cover the other infi>mJstion attd. exeeo to the extent otherwise ¢xplicitly stAted in our report, we do not express any forni of assurance collelusion thereon. In connection with our 4udit of thc finattcial stAt¢m¢nts, our r¢sponsibiliry is to relld the other information and. in doing 50, Consider whcth¢r the oihv infomlIll is materilY in¢onstsnt with the financial statements or OUT knowledge obthin¢d in lh¢ audit or othenvise appears to be materially misstated. If we identify such material incoDSlStcncics OT apparent mai¢rial mtsstatements, we are required to deterniine whether this gives rise to a material misstatement in the financial statements th¢m5¢1vcs. If, bas on th¢ work w¢ hav¢ perfornied. we conclude that there is a material Inisststcmcnt of this other infomialion, w¢ are T¢quir¢d to r¢port that fact. We have nothing to report in this regard. Opinlons Other m4tt¢r8 pr¢s¢rib¢d by the CtsmpaDieJ A¢t 2(106 In our opinion, bascd on the work undertaken in the course of the audit.. th¢ infom)ouon given in th¢ R¢port of th¢ Trust¢¢s for th¢ financial year for wbi¢h the fman¢ia] statements are prepared is consistent with the fitwbcial statements,. and th¢ Report of the Trustees has been prepar¢d in accordanc¢ with applieable l¢gal requirements. Page 8
RKPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD Matters on which we Ire requlred to report by exception In thc lighi of th¢ knowl¢dg¢ and understatsding of the group and par¢nt thari¢abl¢ company and its environm¢DI obtsitsed in th¢ ¢outse of the audil we have not identifjed m&t¢rial misstatements in the Report of the Trustees. We have nothing io report in res¢1 of th¢ following matters where the Companics Act 2006 requires us to r¢port to you if, in our opinion.. adequate accounting records h8v¢ not been kept or Teturns adequ*e for our #udit hov¢ not been received from branches not visited by ui. or tbe fmancial statements aT¢ tiot in agreemeTJt with the accounting records and r¢turns' or certain disclosures of trust5, remuneration specified by law are not made. OT we have not reeeived all th¢ infomiation and cxplanations w¢ roquire for our audit. or the ffiistees were not cntitl¢d to take advantage of thc small ¢ompanics exempiion from the requiretnent to pr¢pare a Strdiegic Repon or iti preparing th¢ Report of the Tnjstees. Ruponsibilitles of trusteej As explained more fully in the Statement (Trf Trust¢es' Responsibilities, thc trustees (who are also the dir¢¢tor5 of th¢ cbaritable cornpany for the purposes of wrnpany law) are responsible for th¢ preparation of the fiAan¢ial ststem¢nts and foT being 5atisfi¢d that they give a tnje and fair Yi¢w, and for sueh internal control as thc trus¢5 d¢t¢rniine is necessary to enable the Pration of fmanclal Statem18 that are free from mat¢ri&l misststemenl, whcther due to fraud or error. In preparing th¢ fmancial statements, the trusttts oxe r¢sponsible for gssessing th¢ group and parent eb8ritable COMpanS ability to eontittue as a going con¢¢ry disclosing, as applicable. matters related to going concem attd using the going concern basis of accounting unless the ffiistees eith¢r intend to liquidate th¢ group and parent Charitable company or to C¢a operations. or have no realistic alternative but to do so. Pag¢ 9
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD Our responslbufitles for the udl¢ of the fln4nciAI statements Our objectivtt are to obtain reasonable assurance aboui whether the financial stat¢ments as a whole are free from material misslatement, whether due to fraud or etTor, and to issue a R¢port of the Ind¢p¢ndent Auditt)rs that includes our opinion. Reasonable assuranc¢ is a high level of assurance, but is noi a guarant¢¢ that an audit ¢ondu¢ted in accordance with ISAS IUK) will always detect a material misStat¢ment when it ¢xist5. MisStat¢m¢nts ¢an aris¢ from fraud or error and aTe Considered material if, individually or in th¢ aggr¢gatr, th¢y coutd r¢asonably b¢ w>ected to illfluence the econon)ic decisions of users taken on the basis of these fancial statcments. Th¢ ¢xt¢nt to wbith our procedures aTe capable of detecting irregulaTitie5. including fraud is detsiled below: Bas¢d on ow und¢rstanding of the group and parent charitable company and the environment in which it opcrdtes, we considered the risk of acts by the group and parent charitable company that were contrary to applicable laws and regulations, including fraud, and designed audit procedures in r¢spons¢ to this risk. We focussed on laws and guLations whieh could give rise to a material misststement in the financial st2t¢ments, including, but not limited to, Companies Act 2006 and Charities Act 2011. OUT test5 included- - ¢nquiring with management of any known or suspected irregulaTities, including fraud; cvaluating the ad4ua¢y of intcrnal controls design¢d io detcct or prcY¢nt igUlarities. ineludillg the risk of management override; - agreeing the amounts and di10$ur¢S in th¢ fiDanetal $tt¢m¢llts to ullderlylng supporting documenlation" - testing jownal entries to identÈfy ullusual transactions. - evaluating whether there was evidence of nwiagementbias on key judgements and a¢¢ounting ¢stimat¢s' - reading the minutes of meeting5 of those Charged with governance. and - enquiring of nwiagement &s lo actyal or potential h"ti8ation and clalms. There are inherent limithtions in the audit proc¢dw¢s d¢Thed above. The more removed thai flnancial transa¢tioDs ar¢ from th¢ laws and regulations, the less likely it is that W¢ Wollld be¢ome aware of non-compliance. Auditing standards also limit the audit proceduTes required to id¢ntify noll-compliallce with laws and regulations to ¢oquiry of trustees and managemenL and the inspection of T¢gulatory al legal eottespondence, if any. Material misstatements that arise due to fraud call be harder to dete¢t than th0 resulting from errors, as fraud may involve delib¢rdte conceal¢¢ or collusion. A further description of our rcsponsibilities for the audit of the financial statements is loeAt¢d on the FinanciAI Reporting Council's wcbsitc at www.fr¢.org.uklauditOTsresponsibilities. This descriplion fornis part of ow Report of the Independent AuditOTS. Pag¢ 10
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CYMi7f4EDAU'N YMLAEN MON COMMUNITIES FORWARD Use of our report This report is made solely to th¢ group and part charitable companys members. &$ a body. in a¢¢ordan¢¢ with Chaptcr 3 of Pan 16 of the Companies Act 2006. Our audit work has b¢¢n undertaken so that we mighi slate to the group and pareJ)t charitable Company's members those matters we are required sta* to them in all auditors, Port and for no other purpose. To the fullest extent p¢rniit¢ed by law, we do not ae¢ep( or assum¢ r¢sponsibility ¢0 anyone other than th¢ group and parent charitable company and the group and patent cknitabk Company's m¢mb¢rs as a body. for OUT audit work, for this report, or for th¢ opinions we have fomied. Colin Bell FCCA (Set)ior Statutory Auditor) for and on behalf of Williams Denton Cyf Chartered Certified A¢untants Statutory AuditOTS GlaslyD FfoTdd y Parc Parc Menai Bangor Gw)nedd LL57 4FE Pag¢ll
CYMUNEDAiJ'IY YMLAEIY MON COMMUNITIES FORWARD STA TEMENT OF CONSOLIDATED FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUND FOR THE YEAR ENDED 31 MARCH 2025 2025 Total ruttds 2024 T(Trtal fund Unrestricted funds Restricted Notcs If4COME AND ENDOIVMENTS FROM Donations and legacies 861 861 Ch*rltsble 4Ctivities Comrnunity regeyherntlo employment support and training 4090,313 4,89(1,313 3,470,200 Oth¢r trdding ac¢ivilics 353 808 353 8 213,736 Total 354 669 13 3,683,933 EXPENDITURE ON Raising funds 3(1,194 311,194 25,920 CharitAbl¢ ¥tlvltl¢$ Community regeneration, ¢mploym¢n¢ support and training 357,0511 3,120,110 3,477,160 2,263,037 Other T(+t#l 3 140 11(1 2 297 348 Net gainsl{losses) on investments 1403 456) 733,6041 NET INCOMEI(EXPENDITURE) TrAmsfers between funds (2411.964) 4711.107 346.747 470,107) 105,783 652,981 21 Net movemtnt In fundi 229,143 1123J61b) 105.783 652.981 RECOIYCILIATION OF FUNDS Total funds bToughi forward 843,497 2,042,797 2,88&294 2.233.313 TOTAL FUNDS CARRIED FORWARD J,072,6411 1,919,437 2,991077 2.886.294 Th¢ not¢s foTm Part of these financial stalements Pagc 12
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD CONSOLIDATED BALANCE SHERT 31 MARCH 2025 2025 TotAI funds 2024 Total funds UnTestricted funds R¢stri¢tcd funds Not¢s FIXED ASSETS Tangibl¢ assets Investment propety 13 14 163,744 340,064 41847 833.244 57(1,591 1,173J08 612.328 1,155,807 503,808 1,240,091 1,743099 1,768.135 CURRENT ASSETS D¢btors Cash at bank and in band 15 44,104 919,395 993,937 159,065 1,038,101 1,078,460 931,512 801,372 963,559 1,153,002 2,116561 1,732,884 CREDITORS Amounts falliug du¢ within one year 16 {190,594) (473,657) (664251) (397,517) NET CURRENT ASSETS 772 65 679J45 1452JlO 1.335.367 TOTAL ASSETS LESS CURREf4T LIABILITIES 1376,773 1919,436 3,191209 3,103,502 CREDITORS Amounts falling due After more than on¢ year 17 {204,132) (21M,132) (217,208) NET ASSETS 1,072,641 1,919,436 2,992,077 2,886.294 FUNDS Unr¢stricied fimds R¢stri¢t¢d funds 21 I,Q72,641 1919,436 843,497 2,042,797 TOTAL FUNDS 2992,077 2,886.294 ThC financial statemcnts hav¢ been prepared in accordance with th¢ provisions appli¢able io charitable ¢ompanics subject to th¢ sinall companies regime. The finanti Statements wer¢ approved by th¢ Board of Trustee5 and authorised for issu¢ on Ib.L.S... and were signed on its behalf by.. Mr l A Hugbes- Trystee MTsAK¢ The notes form part of these fiDatt¢ial ststements Page 13 continued...
CYMUNEDAU'IY YMLAEN MON COMMUNITIES FORWARD CHARITABLE COMPANY BALANCE SHEET 31 MARCH 2025 2(125 Totll funds 2024 Totsl Unrestricted ds Restricted fut Notes FIXED ASSETS Tangible assets Investments Illvcstments Illv¢sIJT)en¢ property 13 163,744 406,847 5711a91 612,328 14 14 34Q064 833,244 1,173J118 1,155.807 503,8119 1240,091 1,743,900 1,768,136 CURRENT ASSETS D¢btors Cash at b8nk and in hond 15 49,617 914,666 993,937 159,065 1.043.554 1,1173,731 936.512 769.569 964,283 1,153,IJ02 2.117,285 1,706,081 CREDITORS Amounts falling due within on¢ y¢aT 16 (190,614) (473,657) (664.271) (370,010) NET CURRENT ASSETS 773,669 679,345 1,453,014 1,336.071 TOTAL ASSETS LESS CURRENT LIABILITIES 1,277,478 1,919,436 3,196,914 3,104207 CREDITORS AD]OUDts falling due after more than one year 17 (21M,1321 (21H,J32) {217.208) NET ASSETS 46 1919.436 2,992,782 2,886,999 21 Unrestrictcd fimds Restricted thnds 1,073046 1,919,436 844.202 2,042.797 TOTAL FUNDS 2.992.782 2,886,999 These financial statements have been pr¢parcd in accordance with the provxsions applicable to ¢haTitsbl¢ companies subject ¢0 the small companies regime. The financ tements were approv¢d by the Board of Trustees and authorised for issue on .u.&.%... and wcrc $ign¢d on its behalf by: .i.P.. MrlAHug - Tnte¢ Mr$A Tustee The Dotes fornh part of these fJnan¢ial 5tatrments Page 14
CYMUNEDAU'N YMLAEIY Mor4 COMMUNrfIES FORWARD CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notcs Cash floTrvs from operting actlvltks C#sh generdted from operations Interest paid 1,913,436 (16.614} 1.059.263 7,973) Net Cash provid¢d by operating activities 1,896,822 J 051290 C2$b froth itsve$ting activitl Fknha5e of tangible red assets Purchase of inve$tsnent property (8,391) 1.408,938} N¢t cash uscd in itivesting ¥tivtti¢5 161b7,806) 1,417329) Cash Ilows from flnAnclng a¢tlvhl¢s New loans in y¢ar Loan repayments in year 100,000 9,525 Net eash {us¢d inyprovided by f]Dan¢ing activities 11928) Change ID cash e8$h equivalents in the reportlDg p¢rltsd C4sb and e$h equfv41¢nts at the b¢ginnlng of the reportlng p¢riod 277,088 (275,504) 1,076,936 Cash And e#th eqViYets At th¢ end of the reporting perlod I lJ78 4(1 801372 The notes forn) part of these financial stalement$ Page 15
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD TrIOTES TO THE CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 21125 RECONCtLIATIOI¥ OF L4IET INCOME TO NET CASH FLOW FROM OPERATING ACTITrITIES 2025 2024 Net In¢om¢ for ihe reporling perl4)d (4$ per tb¢ S¢4ttment Flnsn¢i*l Actlvitles) Adjustments for.. Depreciation charges Losses on investments Int¢r¢st paid Impainnenl of assets tncrease in debtors Incr¢as¢ in creditors IOS783 652.981 A97 1,590J05 16,614 41,540 (79,169) 23 166 3.083 733.604 7.973 8.391 (667,131) 320.362 Nel ¢&$b provlded by operatlDn$ 1913.436 1,059.263 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 C&sh flow At31J.25 Net eash Cash at bank and in hat 801J72 277,088 1,1178,46 801 277,088 1078 460 Debt Debts falling due within l y D¢bts falling due after l y {10.752) 217208 (1.148) 13.1176 204,132) 216.0321 Total 573 412 862.428 The notes forni part of these financial stalememts Page 16
CYMUNKDAU'N YMLAEN MON COMMuf41TIKS FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOULYTING POLICIES B4s1$ of preparing the f8¢191 st4temellts The fmancial statements of the cbaritable company, which is a public benefit entity under FRS 102, have been prared in accordance with the Charitles SORP {FRS 102) 'AountIng and Rq>orting by Clwtties.. Statemeni of Reeommend¢d Practice applicable to charities preparing their accounts in a¢cordan¢e with the Financial R¢porting StaDdard applicable in the UK and R¢publi¢ of Ireland (FRS 102} (eff¢ctbve l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicabl¢ in the UK and Republic of Irelatjd, and thc Companics Act 21N)6. The financial statements have been prepared under the historical cost convention. Prepar#tÈ(tytt of the finantlal statements on a golng eoneern bASi$ The chariiablc company's survival is laTgcly depet)dent on filllding for government. lo¢al authorities other grant making organisations. The fin2n¢ial statements have been prcpared on the assumption that adequate fiditig will be avttilabl¢ in the tUre and thereforc the tnjstees considcr it appropriate to pr¢pare the flle1&1 Stat¢entS on a going concern basis. IDcome Income from grants at)d eontract5, f¢es and rents.. including capitsl grants, is Teeognised once the charity has entitlement to the income, it is probabl¢ that the income will be received and the amount of incoJn¢ r¢¢¢ivable can be m¢asur¢d reliably except for: Wben it is sp¢¢ifi¢d that income from gr8nts and contracts received by the charitabl¢ compatty are to b¢ used in futUTe periods, then the income is defr¢d until thatpcriod. Wben eonditions are impos¢d which have to be fulfilled before the charitsble Company becomcs cntitl¢d to Use such iticomc, the income As d¢f¢rred and not in¢lud¢d in incon)ing regollrc¢s until the prc-conditions for use hav¢ been met. When specifi¢d, income including capital grants, is for a particular r¢strided purpose. which does not amount to prc-conditions regarding entitl¢ment, this incom¢ is included iti incoming r¢sour¢es of restricted funds when receivable. Donalions are recogftiscd when the charity has been notified in writing of both the arnount and settlcment datc. Ill th¢ event that a donation is subject to ¢04ditions tbai requir¢ a lev¢1 of perforniance before the ¢h4rity is entitl¢d to the funds, Ihe incom¢ t$ deferred and not recognistd unlil those conditions ar¢ met. ExpeDdlture Liabilities are recognised #s expcnditure as Sooll Y45 there is a legal or construdive obligation committing th¢ Iwity to that expenditure, it is probable th&t 2 transfer of e¢onomic benefits will be required in 5¢tt1cment and th¢ amount of the obligation can be mcasur¢d rcliably. Expenditure is accoullted for on hn attruals basis and has been classified under headings that aggregate all cost Telatcd to th¢ category. Wb¢r¢ costs Cannot b¢ directly attribut¢d to particulaT hcadings they have been allocatcd to activities oll a basis consistettt with the use of resoure¢$. Allo¢4tlon #nd apportlonment of costs Certain expendiDJre is directly atttibutabl¢ to specifie a¢tiviti¢s at)d has been in¢lud¢d in th0 ¢ost categori¢s. Certaill othcr costs, which are attributabl¢ to more than one activity. arc apportiODed across cost Categories QD the basis of an estimate of the proportlon of time spent by stAff on those aetiviti¢s OT estimated usage. Page 17 continued...
CYMUNEDAUYI YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINAIYCIAL STATKMENTS- eontinued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES- contlnued T8ngible s55¢ts Depreciation is provided at th¢ following annual rates in order ¢0 wrile off ¢a<h &5set ov¢r its estinted useful life. Tangible fixed assets Freehold property Plant and ma¢hin¢ry Motor vehicles Computer equipment not provided 25010 Oti cost 25/0 on reducing balance 25/0 011 Cost Individual assets costing leu than £l.000 are ineluded in the Statement of Financial Activities in the year that they arc incurred. Individual assets greater than £l.O(10 are included in the balance sheet at cost and are depreciated as above. Freebold propety is reviewed for impairn]ent each yearby the Tnte¢s. lthveJtmeDts Inveslment property is shown at most reeent valuation. Any aggregate surplus or deficit arising from Changes il) market value is recogni5ed in the statement of fan¢181 actlvities as net gll9 1 (losseg) on investments. The property 15 reviewed for impairment each year by the lrnstees. Investment properties which are purchased and refiwbished are shown at cost with all r¢fvrbssh cost$ writt¢tt off An the year incurred and are then valued at market valu¢ when refurbishrn¢nt work5 ¢ompl¢ted. Investments in the subsidiary company ar¢ stst¢d in th¢ a¢couDts of the parent company at C05t. Taxation The charity is ex¢rnpt from ¢orporation tax on its charitable activities. Fund aeeoun¢ing Unrestricled funds tan be used in accordance with th¢ chlb}C obj¢¢tiv¢s st the dis¢r¢tion of the trustees. Rtstricted funds ean only be used for particular restricted PUTposes witbin tbe objects of the Charity. Restrictions arise when spe¢ifJed by th¢ donor or when ndS are raised for pArticular restricted purpose Further explknatioll of the nature and purposc of each fund is included in the notes to thc fin8n¢ial stat¢m¢nts. Related parties Due to the natt)re of th¢ charity's op¢rntioni attd eomposition of the board of tntee$ it is inevitable that transg4Ctions will take place with organis&tions in which a member may have on interest. All transactions involving organisations tn which a lrnst¢¢ may hav¢ an inlere5t aTe ¢onducted at aTm'S length. The Charity has a licy that all tte¢S musi declare an interest if a r¢lat¢d party Iransaction oceurs. ConMlld*tlo The financial statements conso]idate the results of th¢ charitabl¢ company and its wholly owned subsidiary Ynys Trading Limited oth a line-by-line basis. A separate Ststement of Financial Aetivities and Income and Expenditure Account for the ch3ritabl¢ ¢ompwhy h&$ not been presented because the c]witsble company has taken thaDtsg¢ of the ¢x¢mption afforded by section 408 of the Companies Act 2006. Leaslng commltment$ Rentsls paid under operating lease5 are chargcd to thc Statan¢nt of Financial Activities on a straight linc basis over the period of the lease. Page 18 continued...
CYMUNEDAU'N YMLAEN MON COLIIMUNITIES FORWARD TrIOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS Af4D LEGACIES 2025 2024 Donations 861 OTHER TRADING ACTIVITIES 2025 2024 Rental income Other in¢ome Tradftng subsidiary 54.267 41.526 44.599 10,085 159 052 213 736 INCOME FROM CHARITABLE ACTtVlTIES 2025 2024 Activity Community reg¢n¢rattO employm¢nt supp)rt and training GraDts and contracts 4,8911J13 3,470,200 Grants and contracts received, includ¢d in the above, aT¢ as follows: 2025 2024 Peopl¢ H¢alth Tt Communiti¢s for Work Plus (Welsh Governmcnt) ESF Iwelsh European Funding Office) Moondan¢¢ Foundation PIL¢¢ Making Grant (Ynys Mon County Council) S¢r¢o IDWP) Levelling up fuud (UK Govemment) Shared Prospetity Fund (UK Govemment) Sod¢xo 48,303 731.518 236,215 424,720 IJ2,111M) 14999 288,470 1.260,850 2,759,274 30,01)0 35,0(N) 298.379 1,057.420 1.063.365 4.890J13 3,470,2(K Page 19 continued...
CYMUNEDAU'N YMLAEN MON COMMUNrriES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STA TEMENTS- eontlDued FOR THE YEAR Ef4DED 31 MARCH 2025 RAISING FUNDS Other trAding Activities 21125 2024 Rental expenses Trading subsidiary 94 25.826 30,194 CHARITABLE AcTlTIEs COSTS Support ¢osts (see noie 7) Direct Cosrs Totsls CoTJununity regeneration, employment support and training 3 46152(1 3.477 1611 SUPPORT COSTS Governance Community rcg¢n¢ratioD, employment support and training OTHER 2025 2fr24 Impainncnt losses Support eosts 41,5411 8.391 NET ll¥COMFJIEXPENDITURE} Net incomel(expenditur¢} is stat¢d aft¢r ¢hargillgl{crediting)'. 2025 2024 Auditors, remuneration AudithLS' remuneration for non audit work Depre¢iats"on- owned a$s¢ts 7,460 7J44 197 7,110 6,900 Pagc 20 continued...
CYMUNEDAU'N YMLAEI¥ MON COMMUNtTIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STA TEMENTS- eontitiued FOR THE YEAR ENDED 31 MARCH 2025 io. TRUSTEES, REMuf4EIL4TION AND BENEFITS Therc wcre trust¢cs' remunetation or otb¢r benefits for the year end¢d 31 MaTch 2025 nor for tb¢ y¢ar ¢nded 31 March 2024. Tru$tee$' expense Thu¢ were no tru5tees' expenses paid for the year ended 31 March 2025 DOT for the year ended 31 March 2024. STAFF COSTS 31.3a5 31.3.24 Wages and salaries Swial security costs Other pension costs 2,11O9,188 1,532,182 172,125 141,054 63J12 54,110 2J45325 1.727.346 Thc average monthty number of fijll time cquivalent employ¢es duTiDg the y¢Lr was a$ follows.. 31.325 31.3.24 1.00 3.58 4.00 2.83 24.58 5.00 1.50 ChTef Executiv¢ Otricer Development Finance Trdiners MentOTS Administration Apprthti¢ewTrainc¢s 3S2 3.42 2311 20.IMI 4.08 3a5 44.17 42.49 Thc numbv of employc¢s whose ¢mploymettt nefIts (excluding employers pension ¢osts) excceded £60,000 was.. 31J.25 31.3.24 £60.001- £70.(M)o £70,001- £80,(M)o The ¢haTity considers its key management personnel comprise the Trustee5. Chief Ex¢¢utive Officv, Business Development Manag¢r. Development Manager, Deliv¢ry Manager, Finance Manager and SHEQ Manager. Totsl emtslumeDts, ilUding employer p¢nsion Contributions, of the k¢y management personnel were £351,083 (2024- £316.259) Thc charity operates a defthed contribution p¢n5i¢m scbem¢ for ils employ¢¢$ and the charity rnad¢ pension contributions for 59 {2024- 48) staff members. Page 21 continued...
CYMUNEDAU'N YMLAEN MON com(UNITIEs FORWARD NOTES TO THE COI¥SOLIDATED FtNANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 MARCH 21125 12. COMPARATIVES FOR THE STATEMEYT OF FINANCIAL ACTIVITIES Unr¢strt¢trd funds Rtr1ded fuThds Total funds INCOME AND ENDOWMENTS FROM DonatlODS and legacies Chxrltsble #¢tlvltle$ Community r¢g¢ncr8tion, employment support and training 3.470.200 3,470200 Other trading activities 213,736 213.736 Totsl 213 734 3 470 199 3 683 933 EXPENDITURE ON Raising funds 25,920 25,920 Charltable #¢tlYltl¢s Community regeneratio employmenl support and training 99.368 2,163,669 2263,037 Other TotAI 133 679 2 163 669 N¢t gains1(losses) on investments 69.653 663.951 {733,604 NET INCOME Tr4nsfer$ between luttd$ 10.402 135,544 642,579 135.544) 652.981 Net movement funds 145.946 507,035 652.981 RECONCILIATION OF FuT•s Total fun brougbt forward 697,551 1,535.762 2,233.313 TOTAL FUNDS CARRIED FORWARD 843.497 2.042.797 2,886.294 Page 22 continued...
CYMUNEDAU'N YMLAEN MON COMhIUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMEm- tontlnlled FOR THE YEAR KNDED 31 MARCH 2025 JJ. TANGJBLE FIXED ASSETS Group atyd eharitable Company Fr¢¢hold pr¢werty Plant and machinery Mott>i vehicles Computer ¢quipm¢nt Totals COST OR VALUATION Ai l April 2024 Impairnicnts 611,540 73,038 IlJ,5(10 11,984 707,062 Ai 31 March 2025 065 522 DEPRECIATION At l April 2024 Charge for y¢ar 73,038 9.712 197 11984 94,734 197 At 31 March 2025 r4ET BOOK VALUE At 31 Mar¢h 2025 591 570 591 At 31 March 2024 788 612.328 Cost or valuation at 31 March 2025 is rreSented by: Freehold property Plant and tnachiDery Motor vebicles Computer equlpmettt Totals Valuation im 2019 Valuation in 2020 Valuation in 2021 Valuation in 2022 Valuation in 2023 Valuation in 2024 Valuatign in 2025 Cost (203090) (50,000) (22,1166) (29,595) (194.634) (8J91) {41,540) 1,120 116 (203J90) (so.th)o) {22.1166) (29,S9S} (194.634) 18J91) {41,540} 1215.638 73,038 IlJ84 5711,IKIO 73,1138 665 11,984 22 Included within freehold property are fourbuildings. 63 Market Street, Holybead, was v8lued at market value (£230,000) On I lth September 2025 by Jone$ Peckover Estate Agents who ar¢ independent of the ¢harity. The Trust¢es aw of thc opini¢m that this rcpresents a fair vaation 35 at 31 March 2025. 61 Market Streei. Holyhead, was valued at maTket value (£180.000) on I lth Sept¢mber 2025 by Jones Peckover Estat¢ Agents who are indcpendent of th¢ charity. The Tws¢¢es are of the opinion that this r¢presents a fair valuatÈon as at 31 March 2025. 17-21 Salem Street, Amlwch, was valued at market value (£160,0(K)) on 7tb November 2022 by J{e$ Peckover Estate Agents who ar¢ independcnt of th¢ charity. Th¢ Trustees are of th¢ opinion that ther¢ has becn no fvrth¢r impairnllI in the year to 31 March 2025. Page 23 onlinucd...
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMEN13- eontlDued FOR THE YEAR ENDED 31 MARCH 2025 13. TANGIBLE FIXED ASSETS- eontinued Included tn freehold property arc 2 buildings from wljere the charity out th¢ir (Trp¢rations but also eornrnercially let part of the buildillg to third parties. It is not PQ55ibl¢ to split th¢ valuation for the commeial elernent of the buildings and as slloh tb¢ whol¢ valu¢ is h¢ld in freehold property. 14. INVESTMENT PROPERTY Group and eharitable comparty COST OR FAIR VALUE At l April 2024 Additions Impairnients 1.155.8117 1.607,8116 I J90,3051 At 31 March 2025 NET BOOK VALUE At 31 March 2025 1,173J08 At 31 March 2024 1,155,807 Included within investment properties are five freehold properties: Bryn Annex was valued at markel value (£52,000) on 12 October 2021 by Joncs Peckover Estale Agents who are independent of the charity. The TTUSteos arc of th¢ opinion that th¢r¢ has b¢¢n no furth¢r impainn¢nt in the y¢ar to 31 MaTch 2025. Cybi Buildillg was revalued at market value {£167,500} Im 16 FebTuary 2022 by jon Peckover Estate A8ellts who are ind¢p¢nd¢nt of the chaTity. Th¢ Trust¢¢s ar¢ of th¢ opinioll that there has been no furtber ijnpairnlenl An th¢ year to 31 March 2025. Garages are valued at cost (£4,324) which th¢ Trusttts of th¢ opinion is th¢ir fair valu¢. 9 Stanley Street was revalued at market value {£125,OW) on I I Sept¢ner 2025 by Jon¢s P¢¢kov¢r Estate Ag¢nts who are independent of the charity. The Trustees are of the opinioll thai this is a fair repre$¢ntation of the valu¢ as at 31 MaTcb 2025. 12-14 Stanley Street was PUTehased in February 2022 with a view to a complete refiwbi$hment. How¢v¢r due to structural issues no work has be¢n und¢rtaken and the Trllstees have considered this when looking ai the impairm¢nt value. Once the issues have been resolvcd and refurbishment bas taken place a fornial valuation will be und¢rtsk¢n. 4 Market Buildings, Holyhcad, was pwchased in August 2021 and is held in th¢ a¢¢ounts Is at 31 March 2025 at markci v8lue (£62,000} as valued on 7th N9vwnb 2022 by )ones P¢ckover Estatr Agents who are indepcndent to the chariry. The Trustees are of the opinion that ther¢ ha$ b¢ tto furth¢r in)paimient in the year 10 31 Mar¢h 2025. The HSBC Buildings property was purchased in May 2023 with a view io a ¢omplete reYb]shMenl and the nei book valuc in th¢se aUnIS repr¢$ents the original awiisition costs with any refurbisluneni Costs bcitig WTittcn off in the year that they arc Undertake which in the ¢)pinion of th¢ TTUSt¢¢$ ig fair. Once the refllrbislJmeTht has tsken place a fornial valuation will b¢ w¢ake. Th¢ C¢ntral Buildings propety WAS purchaseé in August 2023 with & view to a complete refU15bcI and th¢ net book value in these a¢¢owits repr¢sents the original acquisition costs witb any refurbishment costs being written off iti th¢ y¢ar that they are undertaken, which in the opinion of the Tn¢¢¢5 1$ fair. Once th¢ refurbithm¢nt Iw tak¢n pla¢¢ 2 fornial valuation be undertaken. Page 24 ontinu¢d...
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS. ¢•rttitiued FOR THE YEAR ENDEJ) 31 MARCH 2025 14. INVESTMENT PROPERTY - CDlltknwed The 24 Market Street properties were purchased ID March 2024 with a view to a complete refijrbishjnent attd the Det book valu¢ in these accounts represeDts the original acquisition ¢osts with any Tefurbislllllent costs b¢ing written off in the year that they are undertaken, which in the opinion of the Trustees is fair. Once the refurbisl)ment has thk¢n place a fom)al valuation will b¢ undertaken. Fair value ai 31 Mar¢h 2025 is r¢presentedby: Valvation in 2019 Valuation in 2021 Valuation in 2022 Valuation in 2024 Valuation in 2025 Cost 605 6,0110 27AOO (777,640) (1,590,305) 1173 308 14. FIXED ASSET INVESTMENTS Chat4tAbl¢ ¢omp•ny only At cost 31J.24 31.3.23 100% OTdinary share capital of Ynys Traditi8 Ltd Ynys Trading Ltd is register¢d in F.ngl8nd and Waks 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Gr CharltsTrAe eomwy 31325 31.3.24 31J.25 31.3.24 Debtors Otherd¢btOT5 VAT AtN)uttts owed by grotsp undertakti)gs 867Jll 4233 166AI57 925.952 846,784 4333 156362 36275 1,043554 936,512 1,038 101 931.512 936,512 10. CREDITORS: AMOUNTS FALLING DUE WITHtN ONE YEAR Group CharftalA¢ co]¥wry 313.25 31.3.24 31J.25 313.24 Bank loans and ov¢rdTafts (see note 18) Creditors VAT Othercreditors A¢¢Tuais Deferred incon 11.9110 10,47 27.420 62,085 528338 24.138 664351 10,752 6.9S8 205,359 2,016 147,952 11900 IOA)J4 45219 62W85 526J>l gJ143 604371 10.752 6.961 204.415 1016 145,823 43 370.010 3YIJ17 Page 25 ontinued...
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 MARCH 2025 17. CREDITORS: AMOUNTS FALIING DUE AFTER MORE THAN ONE YEAR Group And charltable ¢ompany 2025 2024 Bank loans (see note 18) 217208 18. LOANS Group #Dd ¢harlt4ble ¢ompany An analysis of the malurity of loans is vell below.. 2025 2024 Amounts fallillg due within one year ott demand.. Bank loans AmollnLs falling bettvttn one and hvo years: Ballk loans- 1-2 years li Amoun¢S falltng due benv¢en two and fiv¢ years.. Bank loans- 2-5 year5 23 Amounts falling due in more than five y¢ars: Repayable by instAlments= Bal loans more 5 yr by instal 108,432 182,711 19. LEASING AGREEMENrs Group ebaritable COmP•Dy Minimum lease payments under nott-¢¢¢118b1e op¢rating leas¢s fall due as follows: 1025 2024 Within ¢)n¢ y¢ar Between one aDd five years 41,620 31 22.221 73 20. SECURED DEBTS Th¢ following secured debts are included within creditors.. 21J25 2024 Bank loans 216 1132 Notwest B2JJk Pl¢ have a f¢d c]Jarge over the properties and a floating charge over the remaining assets of the company as sc¢urity for the bank108n. Ynys Mon Collllty Couttcil have fixed eharges over the properties as securiry for graDts awarded to the charity. Page 26 continued...
CYMIJTr4EDAU'N YMLAEN MON Com[UNITIEs FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR EP4DED 31 MARCH 2025 21. OVEMENT IN FiJNDS Group and ¢hgri¢4ble company Nct mov¢ment in lld5 TTansfcys behveen funds Ai 31.3.25 At 1.4.24 Uttre$tri¢trd (lld5 General fi]nd Designated Fixed Asset- Cybi Building D¢signated Fund- Collting¢n Designated Fixed As5et- 61 Market Street Designatcd Fixed Asset- 9 Stanley Street Designatcd Fiyed Asset- 12114 Stanley Street Designated Fixed Assct- Central Buildings Dcsignat¢d Fixed Asset- HSBC Building5 Designatcd Fixed Assets- 24 MaTket Street Designated Fund- Propety Managcment 224,688 IIM,683 323,2811 120,141 2,182 {32925) 234,686 6297 (13,196) 3,915 6J21 426.449 110.980 310.084 102,516 {21J40) {4,462) 1,668 814 64,556 (1,668) 33,336 142,925 {33J36) (142925) 814 64,556 IA85 (5,775) 7891 50,000 3,201 50,01)0 843.497 {240,963) 4711.107 1,072.041 Restrieted fndB Fixed assets Fixed assets (Plas Cybi) Fixed Asset- 63 Market Street Communities for Work Plus Moondance FIX A55ets- Salem Street Fixed Asscts- 61 Mark¢t Street Serco Resthrt S¢h¢me Fixed Ass¢ts - 4 Market Buildin8S Fixed Asset- 12114 Stanley Street Fixed Asset- 9 Stanley Street Fixed Ass¢ts- Central Buildings Fixed Ass¢ts- HSBC Buildings Multiply SPF Business Support SPF Ejnployment Support Fixed As5¢ts- 2-4 Market Stre¢t Sodexo 787 56J24 250.00 1lJ39 10.046 160,OOlb 16.256 452.252 62.000 55.548 84,7(J3 465,597 285,446 16.192 41,6(19 39,698 35,11110 (197) $90 $6J24 230,000 18,495 121,679 160,000 16356 395,776 02.1100 (20,IMIO) 7,156 111,633 43,524 (100,000) (73,736) 40,387 (69.259) 18,188 (4,130) 120960 396J38 285,446 143,885 95.345 47.436 (160.077) (136,954) 187,134) 35.1100 20.572 1919A36 TOTAL FUNDS 2 992.077 Page 27 continued...
CYMUNEDAU'N YMLAEN MOI¥4 COMMUNITIES FORWARD NOTES TO THE CONSOL TDATED FINANCIAL STATEMENTS- eontlnued FOR THE YEAR ETrIDED 31 MARCH 2025 21. MOVEMEf4T IN FUTr4DS - ¢ontlnued Group *ttd charitable eDmpany Net mov¢m¢nt in funds. included in tbe above are as follows: Incoming resourees Resources expended GaiDs and losws Mov¢tn¢nt in funds Unrestrlcted funds General fiwd D¢signat¢d Fixed Asset- 61 Market Street Designated Fixed Asset- 9 Stsnley Streel D¢signr¢t¢d Fixed Ass¢t- Central Buildings Designated Fixed Asset- HSBC Buildings Designated Fixed Assets- 24 Matket Str¢ 354,668 (387243) (21,540) (350) 132,925) {21,540) (4,462) {33 J36) (142925) (4.462) (33J36) (142925) 5.775 {5,775 354,669 (408,783) (186,849) (24OJ63) Restrl¢t¢d fund$ Fixed assets Fix¢d Ass¢t- 63 Market S¢rtt¢ Communities for Work Plus Moondance Serco Restart Scheme Fixed Asset- 12114 Stanley Stre£t Fix¢d Ass¢¢- 9 Stanley Str¢¢t Fixed Ass¢ts- C¢rLtrdl Buildings Fixcd Assets- HSBC Buildings Multiply SPF Business Support SPF Employmcnt Support Fixed Assets- 24 Markd Street Sodexo PMG - Placc Making Grant SPF Ll¢ Dda (197) 120,000) {417J65) (367) (244946) (19 {20,000) 7,156 111,633 43,524 (73,736) 40J87 (69359) 424,721 1I2,lJOO 288,470 (33,736) 165,459 424J14 678,950 1,094,562 1,121,923 517,788 25,857 30,000 14?99 (411,IMIO) (125.072) (493.573) (678,956) (950,677) (1,026578) (470J52) 143,885 95J45 47,436 (25,857) (9,428) 20,572 (14,999) 13 13 1411111) (1403 456 346 746 TOTAL Fuf4DS {3J48,8941 1,590J05 P8g¢ 28 ¢ontinued...
CYMUNEDAU'N YI¥ILAETr4 MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- contlnued FOR THE YEAR EPIDED 31 MARCH 2025 21. MOVEMENr IN FVTr4DS- continued Group and ch*ritable compaDy Ctsrnparatives for movement kn fwhd$ Net ov¢m¢nt in fullds Trdnsfe At 31.3.24 At 1.4.23 funds Unrestricted funds GeDetal fund Designated Fixed A8s¢t- Cybi Building Designated Fund- Contingcncy Designated Fixed Asset- 61 Market Str¢¢t Desigtwted Fixed A&%et- 9 Stanloy Stre¢t Designated Fixed As8d- 12114 Stsnley Street D¢sigllated Fix¢d As8eÉ- Cetjtral Buildings Designated FAxed Asset- HSBC Buildings DesigDated Fix¢d Ass¢ts- 24 Market Str¢¢t 150,063 98,803 262,562 118,677 29,022 83.677 {9,052) 5,880 60,718 5,085 {15,700) 224.688 104,683 323,280 120,141 2.182 {3,621) (11,140) 15,553 11,156 11,715 (1,958) (427) (56,129) {11,92D {9,915) 108,970 1,668 814 64,556 1.485 1,485 697,551 10,402 135.544 843,497 Restricted fuDd$ Fix¢d ass¢t5 Fixed Sssets (Plas Cybi) People Health Trnst Fixcd Asset- 63 Market Street Cornmunities for Work Plus ESF Moondanee Fixed Asscts- Sal¢m Street Fixed Assets - 61 Markct Street Serco R¢start Scheme Fixed Ass¢ts - 4 Market Buildings Fixed Asset- 12114 Statjley Str Fixed Asset- 9 Stanley Street Fixed Assest- Central Ruildings Fixed Assets- HSBC Buildings Multiply SPF Business Support SPF Employment Supp)rt Fixed As&ets- 24 Market Str¢¢t 1.050 56,324 37,605 250,1)00 (263) 787 56,324 (23,515) (14,090) 250,000 11,339 11,339 33,432 (5,782) 88,022 15,828 160,000 16,894 350,213 62,000 75,787 117,322 288,736 15,981 (121,454) 10.046 160.IKIO 16,256 452.252 62.0(Ml 55,548 84.703 465.597 285.446 16,192 41,609 39.698 35,0 (638} 102.039 (20,239) (32,619) 176,861 269,465 16,192 41.609 39,698 35,000 535 762 135 544) 2,042 797 TOTAL FUI4DS 2233 313 652981 2 886,294 Page 29 continued...
CYMUNEDAU'N YMLAEN MON COMMUNJTIES FORWARD NOTES TO THE CONSOLEDATED FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 21125 21. MOVEMENT IN FUNDS- continued Group and charitable company Compardtive nct movement in funds, incknded in the above are as follows.. It)wmine rewurces R¢sour¢ ¢xpend¢d Gains and los Movement in fiuhd$ Unrestricteil funds General fimd Destgnated Fixed Asset- 61 Market Strcet D¢signat¢d Fix¢d Awt- 9 Stanl¢y Str¢et Designated Fixed Asset- 12114 Sianley Street D¢signat¢d Fix¢d Ass¢t- Central Building$ D¢SIgnat Fix¢d A$s¢t- HSBC Buildings St¢na 166,079 (82,402} (3.621) 83,677 (3,621) (11,140) (11.140} (1.958) (427> {56.129) (1,958) (427) (56.129) 47.656 147 656) 213,734 {133,679) (69.653) 10.402 Restrlrted fwids Fixed assets People H¢th Trust Con)muDiti¢s for Work Plus (263) (71,818) 1720,178) (202,783) (5,782) (638) (196 J39) (263) (23,515) 11,339 33,432 {5,782} (638) 102.039 (20,239) (32,619) 176,86l 269,465 16,192 41,609 39.698 48.303 731,517 236.215 ESF mndance Fixed Assets- 61 Market Street SeIco Restart Scheme Fixed Asset- 12114 Stanl¢y Str¢rt Fixed Asset- 9 Stanl¢y Strcet Fixed Assest- Ccntral Buildings Fixed Assets- HSBC Buildillgs Multiply SPF Business Support SPF Employment Support Fixed Assets- 24 Market Street 298,378 24,731 193.762 321,269 5l7.657 121,914 565,948 375.503 {44,970) (226,381) (144,408) (248,192) (105,722) {524,339) {335,805) 3470 199 12,163 6691 1663 951 TOTAL FUTr4DS 3 683 933 12 297 348) 1733,C)04} 652981 Page 30 continued...
CYMUNEDAU'N YMLAEIY COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 3] MARCH 2025 21. MOVEMENT IN FUNDS- Continued Charitsble eompjhny onty Net ovem¢nl in fid$ Transfers between funds At 31.3.25 At 1.4.24 Unreitri¢t¢d funds General fund DeSIgned Fixed Assd- Cybi Building D¢signated Fund- Conting¢DCy D]gnated Fixed Asset- 61 Market Street Designatcd Fixed Asset- 9 Stanl¢y Street D¢sign&t¢d Fixed Asset- 12114 Stanley Street Desig1ed Fixed Asset- Central Buildings DeSigated Fixed Assct- HSBC Building D¢signated Fixed Assets - 24 Market Street D¢sigDat¢d Fund- Prop¢rty Management 225J93 1(14,683 323,280 120,141 2,182 (32,925) 234,686 6297 (13,196) 3.915 6J21 427,154 11(1.98 310,084 lo216 4,041 (21,5411) (4,462) 1.668 814 64556 (1,668) 33,336 142,925 (33.336) {142925) 814 64,556 1,485 (S775) 7,491 50,000 3201 50,1100 844,202 {240,963) 471b,1117 1,073a46 Restrl¢ted funds Fixcd ass¢ts Fixed ass¢ts (Plas Cybi) Fixed ass¢t- 63 Mk¢t Street Comrnuniti¢s for Work Plus Moondanee Fixed Assets- Salem Street Fix¢d Assets- 61 Market Street Scrco Restart S¢h¢me Fixed Assets- 4 Market Buildin81 Fixed Asset- 12114 Stanl¢y Street Fixed Asset- 9 Stanley Strc¢t Fixed A&$- Central Buildings Fixed Ass¢t- HSBC Building Multiply SPF Business Support SPF Employfft¢nt Support Fixed Asset- 24 M8rket Street Sodexo 787 56,324 250,0111 11,339 10,046 160,1)110 16.256 452,252 62,OIKI 55,548 84,703 465,597 285.446 16,192 41,609 39,698 35,0110 (197) 590 56J24 230,11110 18,495 121.679 160,00 16256 395.776 62.0110 {20.1)110) 7,156 111,633 43,524 (100,000) (73.736) 40,387 (09359) J8.188 (4,130) 120,9011 396,338 285,446 143,885 95J45 47836 {160,Ik77) {136,954) (87,134) 35,1100 2(1,572 20,572 042,797 346,746 470,107 1919,436 TOTAL FUNDS 2.886.999 105.783 2 992.782 Page 31 eontinucd...
CYMUNEDAU'N YMLAEN MON COMMUNTfiES FORWARD NOTES TO THE CONSOLJDATED FINANCIAL STATEMEYTS- tontinued FOR THE YEAR ENDED 31 MARCH 2025 21. MOVEMKTrIT IN Fuf4DS- contlnued Charitable company only Nct movcmcnt in fvnds, included in the above are as follows.. Incoming r¢sour¢¢$ Re$our¢es ¢xpend¢d Gain$ and losses Movem¢nt iti ndS Uttre$tri¢ted funds G¢n¢ral fvnd Designaied Fixed A*s¢t- 61 Markct Street Designated Fixed A55et- 9 Stanley Street Dcsignat¢d Fix¢d Ass¢t- Central Buildings Designated Fixed Asset- HSBC Building Designated Fixed Assets- 24 Market Street 372,801 (4O5J70 {21,540) (350) (32,925) (21 J40} (4,462) (33J36) (142,925) (4,462) (33J36) (142$25) 5,7751 372W2 (4269161 (186J49) (240J63) Restri¢ted Fixed assets Fixed a%s¢t- 63 Market Street Communiti¢s foT Work Plus Moondance PMG - Pla¢e Making Grant Serco Restart Sch¢m¢ Fixed Ass¢t- 12114 Stallley Str¢¢t Fix¢d A$s¢t- 9 Stanley Strttt Fix¢d A$s¢t- Central Buildings Fix¢d As5¢t- HSBC Building Multiply SPF Business Support SPF Employm¢nt Support Fixed Asset- 24 Mwk¢t Str¢¢t Sodexo SPF Lle Dda {197) {20,000) (417565) 1367) (197) {20,000) 7,156 111,633 424,721 112,00 14,999 288,470 (33.736) 165,459 424J14 678,956 1,094,562 1,121,923 517,788 25,857 30,000 (14999) (244946) 43,524 (73,736) 40a87 (69,259) {40,000) (125,072) (493A73) (678956) (950,677) (1,1126,578) (470J52) 143,885 95,345 47,436 (25,857) (9,428) 20,572 24,999 4,890 3.140 111 IA03,456) TOTAL FUI¥DS 5.263.115 (3567 027) 1590 305 105.783 Pur ose of Re5tr1fted Fyndj Flxed Assets This fijnd ineludes fixed assets, other than fr¢¢hold PToperties, purchased from restricted incom¢. Fhxed Assets (Plas Cybl) This fulld illcludes fixed assets transf¢ed from PIBS Cybi Parttter5hip, namely the frc¢hold prop¢ty Bryn Allnex and garn¥es. Page 32 CODtinue(L..
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMEI¥TS- c(tyntinued FOR THE YEAR ENDED 31 MARCH 2025 21. MOVEMENT IN FUNDS- tOll¢iDued People H¢Altb Trus¢ Funding from People Health Trust to rnake Holyhead a better place to be for the Ial conunuDity. Fixed Asset- 63 Market Street This fi]nd r¢pr¢scnts the Market Street property pwcbased alld dev¢lop¢d from T¢sITiCted grant fijnding from Welsh Govcrt)ment. C•mmunitie$ For Work Plus Communities for Work plus is a Welsh Gov¢mment thnded employm¢nt 5UPPOrt pro8rwnme whi¢h supports individuals ènd famili¢s living within Anglc5¢y, who need 5UPPOrt to retwn to worl employm¢nt or training or tbose in work who are u]knJcrcmployed. ESF (We]$kA European Funding Offite) Funding from W¢lsh European Funding Officc for our in-work support service. which is available to employ¢d individuals living on Anglcsey who are facing one or more barriers (e.g. ¢hildcare. tran5POrt or a work-lijniting healtb condition) which prwent them from fijlfilling tkir earning potential. Also supports SME'S on Angles¢y with Equality and Div¢rsity. Moondance Funding from Mootthce Foundation forwork on 61 Market Street and participant training. Flxed A$set- Salem Street This fund repr¢s¢nts ihe Arnlwch property purchas¢d 8Dd developed from r¢stricted 8fdnt funding provided by Targeted Regeneration Investment (Welsh Governmcnt) and Magnox. Fised Asset- 61 Market Street Building This represents the Market Street pr¢)pcrty develop¢d from rcstrictsd thnds from Moondall¢¢ Foundation. Str¢0 Re5¢art Sehtme CAEHRS DWP Project from tlke UK Gov¢rnment to SUPPOrt employment. Fixed knet- 4 Market Buildings This rcpresents the Markel Buildings property d¢v¢loped from r¢stricted fimds provided by Targeted Regeneration Inv¢stm¢nr (Welsh Gov¢mment) Ffiws. Flx¢d A58et- 12114 St8Dley Street This represents the Stanley Street propety developed from restrieted funds provided by Place Making Grant (Ynys Mon County Council) and th¢ Lcvelling up Fund (UK GoY¢rnment). Fixtd Asset- 9 Stsley Strt This represcnts the Stanlcy Strect propcrty dcveloped from r¢stricted fimd$ provide4J by Place Making Grant (Ynys Mon County Council) and the L¢v¢lling up Fund (UK Govern¢1}. Flxed Asset- HSBC Buildlrt%5 This repT¢s¢nis the HSBC property d¢veloped from T¢Strictcd fund5 provided by i£v¢lling Up Funding (UK Government) Fixed A55et- Central Bulldlngs This rcpresents th¢ Central Buildings property developed frctm restrictrd fimds provided by Leveuing Up Funding (UK Gov¢rnment) Page 33 ¢onlinued...
CYMUNEDAU'N YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- ¢QDtinued FOR THE YEAR ENDED 31 MARCH 2025 21. MOVEMENT IN FUNDS- contfiDued Multlply Funding to increase participants confidence with numbers and to support adults OV the ag¢ of 19 to achi¢v¢ a maths qualification up to and including level 2 (Shared Prosperity Fund). SPF Busine55 SPpOrt Shared Prosperity Fund is funded by the UK fjovunm¢nt, Ihis project As to help support people wantit)g to 80 self<mployed and estsblished business¢5 across Angl¢s¢y. Th¢r¢ is a pot of funding in this pn)ject to administer business grants ofup to £2k to n¢w and establis1L busine5se5 {SILared Prospcrity Fund). SPF Employment Support Shared Prosperity Fund is filed by the UK Govemment to support those who are in wot* to help improve their labour Ma¢t situation. The project also tsrgets those who are long-tcrni unemployed and OnOMIcallY inactive who face complex barricrs. which include social isolatioll, low confJdenc£ and no fornial qua]ifi¢ations (Shared Prosperity Fund). Flxed A8set- 24 Market Stree¢ This represents 24 Market Street properti¢5 d¢v¢lop¢d from r¢stricted fimds provided by Place Making Grant (Ynys Mon County Council) 8nd SPF Ll¢ Dda (Sharcd Prosperity Futhd). Sodexo This fund is Part of the Sodexo's social impact initi4tiv¢ with their charity Stop Food Hunger. Supporting local p¢ople iti proxirnity to the Inland Bordcr Facility to achieve whilst tackling food povety. Pur e of desi nated fund Fised Aet- Cybl BulldlDg This represents the Cybi Building PToperty purchas¢d and developed from unrestiicted and baDk loan. De51gnated Fund- Con¢lDgency This designat¢d fund represents a redundancy paym¢nt ¢ontingency fund. Flxed A5$et- 61 Mg4rket Streei BuildiDR This represents the 61 M8Tk¢t Str¢¢t property purchased and developed from UDrestricted fijnds and bank loan. Flied Asset- 9 Stanley Street This represents the amount of unTeStrict¢d r¢sthv¢s used towards the purchase and development of the 9 Stsnley Street Building property. Flx¢d Asset- 12114 StAnity Street This represents the amount of unr¢stricted reserycs used towards thc purchase and d¢v¢lopment of the 12114 Stanley Street Building prop¢rty. Fixed Asset- HSBC Building This represents the amounl of unr¢5tricted reserves used towards the purchase 4nd d¢v¢lopment of the HSBC Building property. Fixed AMet- Central BulldlDgs This represents thc atnouttt of unrestricted reserves uscd towords th¢ purchase and development of the Central Building PTOP¢ty. Pag¢ 34 continued...
CITrIUNEDAUY4 YMLAEN MON COMMUNITIES FORWARD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 21125 21. MOVEMENT IN FUNDS- ¢ontlnueil Fixed As$et- 24 Market Street This represents tbe amount of unrestricted reserves us¢d towaTds the purchase and d¢v¢lopm¢nt of the 24 Markei Street properties. Design8ted Fund- Property Management This designated fund r¢pr¢scnts money which bas been ring fenced to ¢ov¢r the running costs associat¢d with the inve$tmcDt PTOP¢rtics. 22. RELATED PARTY DISCLOSURES The Charity recharges its subsidiary c¢)mpany for salary costs incurred oll its behalf. During the year, such ¢osts w¢r¢ TKhargcd to Ynys Trading Limited totalled £94,872 (2024 £47.656). During the year Ynys Trdding Limited charged th¢ Charity £48,327 Q024 £14,410) with regard to work don¢ on projects ditectly attributsble to the Charity. Dutitig th¢ year, Ynys Traditig Liffjited donated £115,000 to the Charity (2024 £30.(K)O>. At the balanc¢ shttt date an amouJ)t of £36275 {2024 £NIL) was owing to the Charity. GOING CONCERN The Welsh Government have aWaTd¢d fiding for th¢ Communitics for Work Plus Program alld th¢ Shad prosperity funding is secured to Mar¢h 2026. As a rcsult of th¢s¢ fvnding streams and alon8 with otber fundin8 already secured and others awaiting ¢onfJm)ation. the trnstees consid¢r it appropriat¢ to prepar¢ th¢ financial siatements on a going conc¢m basis a5 they ar¢ confident sufficielll funding will be se¢ured to enable the company ¢ontiJu¢ as a gottig Colln. Pag¢ 35
williamsdenton Accountants and Tax Advisors Cyfrifwyr a¢ Ymgynghorwyr Treth Glaslyn, Ffordd Y Parc. Paic M&nai Bangor, Gwyngdd. LL57 4FE t- 01248 670370 bangor@williamsdenton.co.uk San Remo, 13 Trinty Square, Llandudno, Conwy, LL30 2RB t.. 01492 877478 llandudno@williamsdenlon.co.uk .williamsdenton.co.uk