REGISTERED CHARITY NUMBER: 1159502
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
FOR
TWYN COMMUNITY HUB
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
TWYN COMMUNITY HUB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Cash Flow Statement | 8 | ||
| Notes to the Cash Flow Statement | 9 | ||
| Notes to the Financial Statements | 10 | to | 23 |
TWYN COMMUNITY HUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Charity was registered as a Charitable Incorporated Organisation on the 5th December 2014.
The Charity changed its name to Twyn Community Hub on the 22nd January 2019.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To act as a resource for young people up to the age of 25 living in Merthyr Tydfil and the surrounding area by providing advice and assistance and organising programmes of physical, educational, and other activities as a means of:
(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;
(b) providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons."
Public benefit
We have complied with the duty in section 17 of the 2011 Charities Act to have due regard to guidance published by the Commission in respect of our duty to provide public benefit.
Our charity purpose is to act as a resource for young people up to the age of 25 living in Merthyr Tydfil and the surrounding area by providing advice and assistance and organising programmes of physical, educational and other activities.
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TWYN COMMUNITY HUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
ACHIEVEMENTS AND PERFORMANCE Charitable activities Overview
2025 has been a year of growth, resilience, and meaningful community connection for Twynyrodyn Community Hub.
Guided by our Asset-Based Community Development (ABCD) approach, we have continued to recognise and build upon the strengths, skills, and experiences within our community to create opportunities for people to connect, contribute, and thrive.
Throughout the year, our work focused on three key priorities:
Strengthening wellbeing and resilience for children, families, and older residents through inclusive and preventative support.
Creating sustainable and welcoming community spaces shaped by local need and community voice.
Building social capital through volunteering, partnership working, and community-led action.
These priorities have enabled us to respond to immediate needs while also building a stronger sense of belonging, confidence, and community pride.
Funding, Programmes and Community Impact
During 2025, we were grateful to receive funding and support from a range of partners and organisations that enabled us to deliver meaningful programmes across the community. Funding across all projects supported not only direct delivery, but also core organisational costs, staffing resources, volunteer support, and the ongoing maintenance and use of community buildings and facilities.
Brighter Days - All Inclusive Sports & Healthy Behaviours Grant
This project supported children and families with disabilities through weekly inclusive sport and healthy lifestyle sessions. Families accessed opportunities for physical activity, healthy food, and social connection within a safe and welcoming environment that promoted wellbeing, confidence, and inclusion.
Community Foundation in Wales - Three-Year Grant
This funding continued to support activities aimed at reducing loneliness and isolation across the community. Through initiatives such as Soup & Songs and community coffee mornings, residents were able to access safe and supportive spaces for social connection, friendship, and emotional wellbeing.
EGIN - Food Growing Project
The EGIN project brought people together through food growing, environmental learning, and shared community spaces. The project encouraged food sustainability, healthier lifestyles, and practical learning while strengthening community relationships and pride in the local environment.
Holiday Play and Youth Provision
Holiday Play sessions and weekly youth activities provided safe, engaging, and inclusive opportunities for children and young people throughout the year. Through open access play, trips, and youth-led activities, young people were supported to build confidence, resilience, creativity, and positive relationships.
Kind Hands Lottery
This project supported emotional wellbeing through acts of kindness, peer support, and community-based activities that helped reduce isolation and strengthen relationships across all age groups.
Food Poverty Grant Funding (Pantry)
Supported by MTCBC, funding was made available for an "Older Persons Christmas Celebration". This funding enabled the delivery of a Christmas meal and entertainment event for older residents, providing companionship, celebration, and connection during the festive period.
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TWYN COMMUNITY HUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
Our weekly food pantry continued to support individuals and families on low incomes through access to affordable food in a dignified and welcoming environment. The pantry also created opportunities for residents to access wider support and reduce social isolation.
Community Development and Wellbeing
Our ABCD approach remains central to everything we do. We continue to focus on recognising local strengths, encouraging community leadership, and creating opportunities for people to support one another.
Through our wellbeing projects, coffee mornings, food initiatives, youth activities, and volunteering opportunities, we have created spaces where people feel welcomed, valued, and connected. These programmes have contributed positively to emotional wellbeing, community resilience, and social inclusion across Twynyrodyn.
Sustainability and Partnership Working
Partnership working continues to play a vital role in the success of the Hub. During 2025, we strengthened relationships with schools, local organisations, public services, and community groups to extend our reach and maximise impact.
Our commitment to sustainability also continued to grow through projects focused on food growing, reducing waste, and encouraging environmental awareness and healthier lifestyles within the community
.
Challenges and Resilience
During 2025, the Hub experienced a break-in at the premises which caused disruption and additional pressure on resources. Despite this challenge, activities continued with minimal interruption thanks to the support of volunteers, partners, and the wider community. Trustees reviewed security arrangements and implemented additional measures to support the continued safety and sustainability of the Hub.
Looking Forward
As we move into 2026, we remain committed to strengthening community wellbeing, expanding inclusive opportunities for children and families, supporting mental health, and growing community-led leadership and volunteering.
We will continue to build on the strengths within our community and ensure that Twynyrodyn Community Hub remains a welcoming, supportive, and sustainable space for all.
Acknowledgements
The trustees would like to thank our volunteers, funders, partners, and residents for their continued support, commitment, and generosity throughout 2025. Your contribution continues to make a lasting difference to our community and the people we serve.
FINANCIAL REVIEW
Grants and Fundraising
Twyn Community Hub has been lucky enough to receive some grant funding from generous organisations, these can be seen in note 4 in the accounts.
Reserves policy
Twyn Community hub are keenly aware of the need to secure our viability beyond the immediate future. In order to be able to provide reliable services over the longer term. Twyn community hub must be able to absorb setbacks and take advantage of change and opportunity. We provide for this by putting aside, when we afford it, some of our current income as a reserve against future uncertainties.
A minimum level of reserves required for 1 quarter = £15,000. Twynyrodyn Community Hub accepts that where possible it will need absorb setbacks and take advantage of change and opportunity. Twyn Community provide for this by putting aside, when we afford it, some of our current income as a reserve against future uncertainties.
The charity currently holds free reserves of £11,072 (2024: £2,131). The target reserves level, as stated above, is £15,000 being required spend for one financial quarter. The charity will make every effort in the coming years to increase free reserve to this level..
Twyn community hub will continue to fundraise, welcome donations and use our premises for rental to retain and build reserves. Since our hire charges are significantly cheaper than other local halls, there is unlikely to be a problem increasing our rates if we need too.
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TWYN COMMUNITY HUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.
Recruitment and appointment of new trustees
New Trustees must be interviewed by the current Board of Trustees, and if appointed are informed of their legal obligations under charity law, the decision making process and the business plan and recent financial performance of the charity. The charity aims to recruit people who can offer a range of skills for example personnel, training, finance etc.
Organisational structure
The charity currently has 4 trustees. The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1159502
Principal address
TAG Community Centre Glasier Road Twynyrodyn Merthyr Tydfil CF47 0TD
Trustees
C J Palmer K Smart (resigned 1.1.26) D McInnes S Hier R Davies C L M Viney (appointed 29.7.26)
Independent Examiner
Richard I Knoyle ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
Bankers
HSBC Bank Plc 127-128 High Street Merthyr Tydfil CF47 8DN
Charity day to day management
C.J.Palmer
Approved by order of the board of trustees on 5 August 2026 and signed on its behalf by:
C J Palmer - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TWYN COMMUNITY HUB
Independent examiner's report to the trustees of Twyn Community HUB
I report to the charity trustees on my examination of the accounts of Twyn Community HUB (the Trust) for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Richard I Knoyle ACA FCCA The Institute of Chartered Accountants in England and Wales
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
5 August 2026
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TWYN COMMUNITY HUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 4,528 Charitable activities 4 Youth Club 4,273 Other trading activities 3 - Other income 10,734 Total 19,535 EXPENDITURE ON Charitable activities 5 Youth Club 14,872 NET INCOME/(EXPENDITURE) 4,663 Transfers between funds 19 4,086 Net movement in funds 8,749 RECONCILIATION OF FUNDS Total funds brought forward 5,971 TOTAL FUNDS CARRIED FORWARD 14,720 |
Restricted funds £ - 113,971 - - 113,971 173,019 (59,048) (4,086) (63,134) 94,639 31,505 |
2025 Total funds £ 4,528 118,244 - 10,734 133,506 187,891 (54,385) - (54,385) 100,610 46,225 |
2024 Total funds £ 10,301 276,113 678 - 287,092 229,808 57,284 - 57,284 43,326 100,610 |
|---|---|---|---|
The notes form part of these financial statements
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TWYN COMMUNITY HUB
BALANCE SHEET 31 DECEMBER 2025
| Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Stocks 13 Debtors 14 Cash at bank and in hand CREDITORS Amounts falling due within one year 15 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 16 NET ASSETS FUNDS 19 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 £ 33,152 2,000 932 26,374 29,306 (6,782) 22,524 55,676 (9,451) 46,225 14,720 31,505 46,225 |
2024 £ 38,320 4,500 12,835 65,242 82,577 (9,261) 73,316 111,636 (11,026) 100,610 5,971 94,639 100,610 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 August 2026 and were signed on its behalf by:
C J Palmer - Trustee
The notes form part of these financial statements
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TWYN COMMUNITY HUB
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ (38,868) (38,868) (38,868) 65,242 26,374 |
2024 £ 10,845 10,845 10,845 54,397 65,242 |
|---|---|---|
The notes form part of these financial statements
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TWYN COMMUNITY HUB
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Decrease in stocks Decrease/(increase) in debtors Decrease in creditors Net cash (used in)/provided by operations |
2025 £ (54,385) 5,168 2,500 11,903 (4,054) (38,868) |
2024 £ 57,284 10,635 2,500 (6,325) (53,249) 10,845 |
|---|---|---|
2. ANALYSIS OF CHANGES IN NET FUNDS
| Net cash | At 1/1/25 Cash flow At 31/12/25 £ £ £ |
|---|---|
| Cash at bank and in hand | 65,242 (38,868) 26,374 |
| 65,242 (38,868) 26,374 |
|
| Debt | |
| Debts falling due within 1 year | (1,575) - (1,575) |
| Debts falling due after 1 year | (11,026) 1,575 (9,451) |
| (12,601) 1,575 (11,026) |
|
| Total | 52,641 (37,293) 15,348 |
The notes form part of these financial statements
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Legal form
The charity is a charitable incorporated organisation, registered in England and Wales.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
The following specific policies are applied:
Voluntary income received by way of grants, gifts or donation is included in full on receipt unless it is subject to a condition when it is treated as deferred income.
Deferred income . Income or grants received in advance are held as deferred income and carried forward to future accounting periods to be released when the defined purpose of the work or project have been completed, approved or certified.
Gifts in kind are included in the income and expenditure account where they are applied in carrying out charitable activities, where the company would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. The quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate. The value of services provided by volunteers is not quantified.
Investment income is included when receivable.
Other income. This is contributions from restricted funds towards core costs of the organisation. An unrestricted designated fund is to be used to hold all such contributions prior to them being expended.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. Grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.
Improvements to property - 4% on cost Plant & machinery - 25% reducing balance Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES - continued
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
Pension costs are contributions made by the charitable company to both employees own personal pension schemes together with contributions made to the employees government work place pension scheme.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.
Going concern
The trustees believe that the organisation's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the organisation's needs and that no material uncertainty exists. See Note 23 for further information.
2. DONATIONS AND LEGACIES
| Donations Service Level Agreement OTHER TRADING ACTIVITIES Fundraising events |
2025 £ 4,528 - 4,528 2025 £ - |
2024 £ 2,801 7,500 10,301 2024 £ 678 |
|---|---|---|
3. OTHER TRADING ACTIVITIES
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
4. INCOME FROM CHARITABLE ACTIVITIES
| Activity Grants Youth Club Rental income Youth Club Grants received, included in the above, are as follows: VAMT Margaret Davies Charitable Fund Community Foundation in Wales Merthyr Tydfil County Borough Council Co-op Cymryd Rhan RCTCBC National Lottery Community Fund Council for Wales Voluntary Youth Services Interlink (Just Breathe) Welsh Government StreetGames SWPCC 5. CHARITABLE ACTIVITIES COSTS Youth Club 6. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Other costs |
Direct Costs (see note 6) £ 179,903 |
2025 £ 113,971 4,273 118,244 2025 £ - - 10,000 84,101 - - 2,000 3,744 10,000 - 3,326 800 - 113,971 Support costs (see note 7) £ 7,988 2025 £ 55,334 124,569 179,903 |
2024 £ 270,332 5,781 276,113 2024 £ 5,901 7,000 - 77,818 5,000 500 - 161,655 - 8,758 - 3,200 500 270,332 Totals £ 187,891 2024 £ 90,249 126,800 217,049 |
|---|---|---|---|
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
7. SUPPORT COSTS
| SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS | SUPPORT COSTS |
|---|---|---|---|---|---|
| Information Governance Finance technology costs Totals £ £ £ £ Youth Club 3,074 1,914 3,000 7,988 Governance: |
|||||
| Accountancy & independent examination fee | £ 3,000 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
Trustees' expenses
The trustees did not receive any emoluments; out of pocket expenses were reimbursed which were not in excess of £Nil (2024: £Nil).
9. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Average number of employees |
2025 £ 54,322 1,012 55,334 2025 4 |
2024 £ 88,634 1,615 90,249 2024 7 |
|---|---|---|
No employees received emoluments in excess of £60,000.
There are no high paid staff.
Included in the above is employers national insurance contributions amounting to £NIL.
The key management of the charity comprises the Directors/Trustees. The total benefits of the the key management personnel of the charity was £Nil (2024: £Nil).
Included in other costs is an amount of £1,242 relating to redundancy payments in the year.
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
| 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,300 Charitable activities Youth Club 12,932 Other trading activities 678 Total 23,910 EXPENDITURE ON Charitable activities Youth Club 11,036 NET INCOME 12,874 RECONCILIATION OF FUNDS Total funds brought forward (6,904) TOTAL FUNDS CARRIED FORWARD 5,970 |
Restricted funds £ 1 263,181 - 263,182 218,772 44,410 50,230 94,640 |
Total funds £ 10,301 276,113 678 287,092 229,808 57,284 43,326 100,610 |
|---|---|---|
11. INDEPENDENT EXAMINER'S REMUNERATION
The Independent Examiner’s remuneration constituted an independent examiners fee of £3,000 (2024: £4,300).
12. TANGIBLE FIXED ASSETS
| Improvements to Plant and property machinery £ £ COST At 1 January 2025 and 31 December 2025 27,574 49,803 DEPRECIATION At 1 January 2025 5,515 41,888 Charge for year 1,103 1,978 At 31 December 2025 6,618 43,866 NET BOOK VALUE At 31 December 2025 20,956 5,937 At 31 December 2024 22,059 7,915 |
Motor vehicles Totals £ £ 35,170 112,547 26,824 74,227 2,087 5,168 28,911 79,395 6,259 33,152 8,346 38,320 |
|---|---|
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
13. STOCKS
| Stocks 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 17) Social security and other taxes Accrued expenses Credit card 16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other loans (see note 17) 17. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: WCVA Resilience loan Amounts falling due in more than five years: Repayable by instalments: WCVA Resilience loan |
2025 £ 2,000 2025 £ - 932 932 2025 £ 1,575 1,578 3,000 629 6,782 2025 £ 9,451 2025 £ 1,575 9,451 |
2024 £ 4,500 2024 £ 9,053 3,782 12,835 2024 £ 1,575 - 5,300 2,386 9,261 2024 £ 11,026 2024 £ 1,575 11,026 |
|---|---|---|
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fixed Assets Net Current Assets |
Unrestricted Funds £ 3,648 11,072 14,720 |
Restricted Funds £ 29,505 2,000 31,505 |
Year to 31/12/2025 Total Funds £ 33,153 13,072 46,225 |
ear to 31/12/2024 Total Funds £ 38,320 62,290 100,610 |
|---|---|---|---|---|
19. MOVEMENT IN FUNDS
| Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Community Foundation in Wales Fund Restricted Fixed Assets Fund National Lottery Community Fund - Connecting Com Summer of Fun CWVYS Summer Fun Kind Hands Warm Heart (NLF) Ffos Y Fran Youth EGIN Brighter Days Disability Project (PHW) Holiday Open Access Food Poverty Grant Funding (Pantry) Holiday Playword Project PSA Funding TOTAL FUNDS |
At 1/1/25 £ 2,131 3,840 5,971 - 34,481 27,798 1,925 - 12,435 7,300 7,500 3,200 - - - - 94,639 100,610 |
Net movement in funds £ 4,855 (192) 4,663 4,614 (4,976) (27,798) (2,225) 2,000 (12,436) (7,287) (7,500) (2,400) (35) (542) (464) 1 (59,048) (54,385) |
Transfers between funds £ 4,086 - 4,086 (4,614) - - 300 - 1 (13) - (800) 35 542 464 (1) (4,086) - |
At 31/12/25 £ 11,072 3,648 14,720 - 29,505 - - 2,000 - - - - - - - - 31,505 46,225 |
|---|---|---|---|---|
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
19. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Community Foundation in Wales Fund Restricted Fixed Assets Fund National Lottery Community Fund - Connecting Com Summer of Fun CWVYS Summer Fun Kind Hands Warm Heart (NLF) Ffos Y Fran Youth EGIN Brighter Days Disability Project (PHW) Holiday Open Access Food Poverty Grant Funding (Pantry) Holiday Playword Project PSA Funding RCT Together WG Child Poverty Strategy TOTAL FUNDS |
Incoming resources £ 19,535 - 19,535 10,000 - - - 10,000 - 54,419 3,744 800 4,610 21,153 1,500 2,419 2,000 3,326 113,971 133,506 |
Resources Movement expended in funds £ £ (14,680) 4,855 (192) (192) (14,872) 4,663 (5,386) 4,614 (4,976) (4,976) (27,798) (27,798) (2,225) (2,225) (8,000) 2,000 (12,436) (12,436) (61,706) (7,287) (11,244) (7,500) (3,200) (2,400) (4,645) (35) (21,695) (542) (1,964) (464) (2,418) 1 (2,000) - (3,326) - (173,019) (59,048) (187,891) (54,385) |
|---|---|---|
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
19. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/24 | in funds | 31/12/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General Youth Club Fund | (15,047) | 17,178 | 2,131 |
| Designated Fixed Assets | 8,143 | (4,303) | 3,840 |
| Restricted funds | (6,904) | 12,875 | 5,971 |
| Restricted Fixed Assets Fund | 40,813 | (6,332) | 34,481 |
| National Lottery Community Fund - | |||
| Connecting Com | - | 27,798 | 27,798 |
| Summer of Fun | 1,925 | - | 1,925 |
| Kind Hands Warm Heart (NLF) | - | 12,435 | 12,435 |
| Winter Youth Fund | 3,108 | (3,108) | - |
| MTCBC Food Poverty Grant Fund | 1,384 | (1,384) | - |
| Global Village Grant Fund | 3,000 | (3,000) | - |
| Ffos Y Fran Youth | - | 7,300 | 7,300 |
| EGIN | - | 7,500 | 7,500 |
| Brighter Days Disability Project (PHW) | - | 3,200 | 3,200 |
| 50,230 | 44,409 | 94,639 | |
| TOTAL FUNDS | 43,326 | 57,284 | 100,610 |
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
19. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Restricted Fixed Assets Fund National Lottery Community Fund - Connecting Com Fit & Fed Summer of Fun Kind Hands Warm Heart (NLF) Disability Fit & Fed Fund Ambassadors Project Fund Just Breathe Fund Winter Youth Fund MTCBC Food Poverty Grant Fund Global Village Grant Fund Miscellaneous Small Grants Fund Lettuce Talks Warm Spaces (MTCBC) Ffos Y Fran Youth EGIN Brighter Days Disability Project (PHW) Holiday Open Access Food Poverty Grant Funding (Pantry) Snug Spot (Multiply) TOTAL FUNDS |
Incoming resources £ 23,909 - 23,909 - 100,685 4,828 1,500 49,739 2,785 1,198 8,758 - 5,148 - 500 7,000 8,500 40,000 11,232 3,200 2,610 10,500 5,000 263,183 287,092 |
Resources Movement expended in funds £ £ (6,731) 17,178 (4,303) (4,303) (11,034) 12,875 (6,332) (6,332) (72,887) 27,798 (4,828) - (1,500) - (37,304) 12,435 (2,785) - (1,198) - (8,758) - (3,108) (3,108) (6,532) (1,384) (3,000) (3,000) (500) - (7,000) - (8,500) - (32,700) 7,300 (3,732) 7,500 - 3,200 (2,610) - (10,500) - (5,000) - (218,774) 44,409 (229,808) 57,284 |
|---|---|---|
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
19. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Community Foundation in Wales Fund Restricted Fixed Assets Fund Summer of Fun CWVYS Summer Fun Kind Hands Warm Heart (NLF) Winter Youth Fund MTCBC Food Poverty Grant Fund Global Village Grant Fund Ffos Y Fran Youth Brighter Days Disability Project (PHW) Holiday Open Access Food Poverty Grant Funding (Pantry) Holiday Playword Project PSA Funding TOTAL FUNDS |
At 1/1/24 £ (15,047) 8,143 (6,904) - 40,813 1,925 - - 3,108 1,384 3,000 - - - - - - 50,230 43,326 |
Net movement in funds £ 22,033 (4,495) 17,538 4,614 (11,308) (2,225) 2,000 (1) (3,108) (1,384) (3,000) 13 800 (35) (542) (464) 1 (14,639) 2,899 |
Transfers between funds £ 4,086 - 4,086 (4,614) - 300 - 1 - - - (13) (800) 35 542 464 (1) (4,086) - |
At 31/12/25 £ 11,072 3,648 14,720 - 29,505 - 2,000 - - - - - - - - - - 31,505 46,225 |
|---|---|---|---|---|
continued...
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TWYN COMMUNITY HUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
19. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General Youth Club Fund Designated Fixed Assets Restricted funds Community Foundation in Wales Fund Restricted Fixed Assets Fund National Lottery Community Fund - Connecting Com Fit & Fed Summer of Fun CWVYS Summer Fun Kind Hands Warm Heart (NLF) Disability Fit & Fed Fund Ambassadors Project Fund Just Breathe Fund Winter Youth Fund MTCBC Food Poverty Grant Fund Global Village Grant Fund Miscellaneous Small Grants Fund Lettuce Talks Warm Spaces (MTCBC) Ffos Y Fran Youth EGIN Brighter Days Disability Project (PHW) Holiday Open Access Food Poverty Grant Funding (Pantry) Snug Spot (Multiply) Holiday Playword Project PSA Funding RCT Together WG Child Poverty Strategy TOTAL FUNDS |
Incoming resources £ 43,444 - 43,444 10,000 - 100,685 4,828 1,500 10,000 49,739 2,785 1,198 8,758 - 5,148 - 500 7,000 8,500 94,419 14,976 4,000 7,220 31,653 5,000 1,500 2,419 2,000 3,326 377,154 420,598 |
Resources Movement expended in funds £ £ (21,411) 22,033 (4,495) (4,495) (25,906) 17,538 (5,386) 4,614 (11,308) (11,308) (100,685) - (4,828) - (3,725) (2,225) (8,000) 2,000 (49,740) (1) (2,785) - (1,198) - (8,758) - (3,108) (3,108) (6,532) (1,384) (3,000) (3,000) (500) - (7,000) - (8,500) - (94,406) 13 (14,976) - (3,200) 800 (7,255) (35) (32,195) (542) (5,000) - (1,964) (464) (2,418) 1 (2,000) - (3,326) - (391,793) (14,639) (417,699) 2,899 |
|---|---|---|
Activities undertaken with each major fund
The restricted funds of the charity have been applied during the year or are held for future expenditure in the following areas:
MTCBC - SLA
One year's youth provision staffing, running and activity costs to mitigate the impact of income and social disadvantage, and increase wellbeing, participation and active citizenship among young people aged 8 to 25 years.
Restricted Fixed Assets
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
19. MOVEMENT IN FUNDS - continued
Restricted Fixed Asset fund represents the amounts set aside to write down the remaining net book value of fixed assets held against restricted funds.
National Lottery Community Fund (Connecting.com)
This is to fund a project employing staff and working with the community to prevent isolation and loneliness.
MTCBC Food Poverty Grant Funding (Pantry)
This is to fund an accessible food pantry serving residents of the Town Ward, with the aim to reduce food insecurity and support low-income families with essential supplies.
Just Breathe
This is a Carer Grant Support, to provide short breaks, social activities, trips, and events for unpaid carers, with the aim to improve the mental health and wellbeing of those in caregiving roles.
Disability Fit & Fed
This is funding weekly physical activity and food provision for children and young people with disabilities during school holidays, to ensure inclusion, healthy living, and holiday support for families with additional needs.
Lettuce Talks
This creatively named project may combine elements of gardening, food education, and community wellbeing. It likely encourages healthy living and sustainability through hands-on activities and open conversations about nutrition and lifestyle choices.
Ffos Y Fran Youth
Funded by the Ffos Y Fran Community Fund, this project supports youth engagement through activities such as sports, arts, and leadership development. It aims to empower young people by offering constructive outlets and opportunities for growth.
EGIN
This Welsh initiative supports grassroots climate action by helping communities adopt sustainable practices. The grant may fund environmental education, local green projects, and efforts to raise awareness about climate change and ecological responsibility.
Brighter Days Disability Project (PHW)
Funded by Public Health Wales, this project seeks to enhance the wellbeing of disabled individuals. It likely includes inclusive activities, access to support services, and health promotion efforts tailored to the needs of the disability community.
Holiday Open Access
This grant supports open-access holiday programs for children and young people, running from July 2024 to February 2025. It provides free or low-cost activities during school breaks, ensuring that all children have access to enriching experiences regardless of financial background.
Snug Spot (Multiply)
Part of the Multiply program, this project creates warm and inviting spaces where adults can improve their numeracy skills. The relaxed setting encourages learning without pressure, helping participants build confidence in everyday math.
Other Restricted Grants
The outcomes of other restricted grants are noted in the Trustee Report.
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
20. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2025.
21. ULTIMATE CONTROLLING PARTY
The Charity is controlled by its Trustees.
22. GIFTS IN KIND
The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them.
The number of hours contributed by volunteers in the year was approximately 4,500 (2024: 6,000).
23. GOING CONCERN
The financial statements have been prepared on a going concern basis. Activities of the charity post 31st December 2025 are subject to additional funding being obtained, but the Trustees are confident this will be received.
The trustees therefore believe that the organisation's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the organisation's needs and that no material uncertainty exists.
24. ANALYSIS OF DESIGNATED FUNDS
Designated funds represents the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.
| Unamortised fixed assets Designated funds |
2025 £ 3,648 3,648 |
2024 £ 3,840 3,840 |
|---|---|---|
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